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Anahit is 52 and lives with her husband, mother-in-law and son in the village of Getahovit in the Tavush region. She also has four married daughters who no longer live in the family home. Anahit’s husband works in construction, her mother-in-law is a pensioner and her son is a student.

Previously Anahit worked at a bakery as a confectioner. Since 2000, however, she has been running her own stall in her house’s yard where she sells food, household goods and clothes. As she has a very large choice of goods, her stall is widely popular, and she has many regular customers. Her business has allowed her to solve her family’s needs, such as paying for her daughters’ education and weddings.

Before the New Year holidays arrive, Anahit wants to increase her shop’s assortment of goods, so she is requesting a 500,000 AMD loan to buy beverages, canned food, candy and various household goods for her business.

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
  • 126
    View loans »
    Armenia Loans Fundraising
  • $14,888,900
    Funds lent in using Kiva
  • 381.2
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,325 helped Anahit to buy beverages, canned food, candy and various household goods for her business.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Nov 29, 2011
Dec 6, 2011
Currency Exchange Loss:
Dec 17, 2013