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Aida is 48 years old and lives in Sevan city. She is married and has three children. Her daughters are married and live separately from their parents, and Aida’s son lives in the same house with his parents. Aida’s husband is jobless, and her son is a correspondence student of Yerevan State University’s Gavar Branch. At the same time he works as a shop assistant (this allows him to pay for his education).

Aida graduated from Yerevan Trade Technical School, where she earned qualifications as a food production engineer. She worked several years as a shop assistant at a jewelry shop.

In 2008, Aida decided to organize her own business: she has rented a stall in a trading fair, where she sells souvenirs, jewelry, toys, kitchen utensils, etc. Once a month Aida buys merchandise from Yerevan. Her husband helps her in case of need.

Thanks to her occupation, Aida supports her family. She received loans from Nor Horizon two times and now she is asking for a 1,000,000 AMD loan to buy an assortment of souvenirs, toys, and jewelry to resell before the New Year’s holidays, as such merchandise is in good demand during that period of time.

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
  • 127
    View loans »
    Armenia Loans Fundraising
  • $14,873,900
    Funds lent in using Kiva
  • 382.7
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,625 helped Aida to buy an assortment of souvenirs, toys and jewelry to resell.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Dec 20, 2011
Dec 23, 2011
Currency Exchange Loss:
Jan 25, 2013