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Samson
Samson is 51 years old and he lives in Pambak village, Lori area, with his mother, wife, son, daughter-in-law and two grandchildren. Samson has a higher education and he works at the village school as a geography teacher. Samson’s son and daughter-in-law also work as teachers at the same school. Samson’s mother is a pensioner, and his wife works in village administration.

Simultaneously with his job at school Samson also engages in farming. He keeps a cow, a calf, a pig, fifteen chickens and two bee families as well. Samson says that teacher’s salary is not enough to keep a family, so farming helps him to support his family as he uses agricultural produce for his family's use.

Samson intends to develop his farm and thereto he is asking for an AMD 600,000 loan to buy three young calves for his farm.

Additional Information

About “Nor Horizon”

“Nor Horizon” UCO LLC is committed to promoting poverty alleviation in Armenia by providing high-quality financial and other business development services to enterprising individuals in under-served rural and urban markets who have a strong will to establish and develop their own small-scale businesses. Originally created as the Armenian micro credit program of Oxfam (Great Britain) in late 1995, “Nor Horizon” LLC has been licensed under supervision of the Central Bank of Armenia since early 2006.

For more information about “Nor Horizon,” please visit the partner page or website.

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About Armenia

  • $6,300
    Average annual income
  • 110
    View loans »
    Armenia Loans Fundraising
  • $14,010,625
    Funds lent in using Kiva
  • 381.2
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,575 helped Samson to buy three young calves for his farm.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 28, 2011
Listed
Dec 5, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013