Check out some available loans that are similar to this one!
Yura
Yura was born in 1983 in the town of Kapan, and in 2003 he and his family moved to the village of Shishkert in the Syunik province. After finishing high school, Yura went to the Kapan technical college and graduated with a diploma in construction. So far Yura is single and lives together with his parents.
Yura’s whole family has been doing farm work for seven years. On his own land plot, Yura grows apples for sale. Since his own plot is small, he also leases [additional] land for growing potatoes for sale, using the rest as grazing land for his livestock. Yura and his parents raise cattle, sheep, bees and chickens.

Yura and his parents sell potatoes and apples at markets in the Syunik province. Meat, milk, honey and wool are sold directly out of their home to loyal customers. Thanks to farm work, Yura and his family are able to provide for the household needs.
Yura needs a loan of 300,000 ADM in order to buy five sheep, which will allow him to increase his family’s income in the future.
View original language description ↓
Юра родился в 1983 году в городе Капане, а в 2003 он вместе с семьей переехал в деревню Шишкерт Сьюникской области. После окончания средней школы, Юра окончил Капанский колледж и получил специальность строителя. Юра пока не женат, и живет вместе с родителями.
Вся семья Юры занимается сельским хозяйством уже на протяжении 7 лет. На собственном земельном участке Юра выращивает яблоки на продажу. Так как его собственный участок небольшой, он также арендует землю, на которой выращивает картофель для продажи, а оставшуюся часть земли использует как пастбище для своих домашних животных. Юра с помощью родителей разводит крупный рогатый скот, овец, пчел и кур.
Картофель и яблоки Юра вместе с родителями продают на рынках Сьюникской области, а мясо, молоко, мед и шерсть у них покупают постоянные покупатели прямо из дома.
Благодаря занятию сельским хозяйством Юра и его родители содержат семью.
Юре необходим кредит на сумму 300.000 драм для покупки 5 овец, что позволит ему увеличить доход своей семьи в будущем.

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.

To stay updated on loans from Armenia, please join the Armenia lending team at http://www.kiva.org/team/armenia.

About Armenia

  • $6,400
    Average annual income
  • 123
    View loans »
    Armenia Loans Fundraising
  • $12,884,550
    Funds lent in using Kiva
  • 388.8
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Yura to buy 5 more sheep for his farm.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 18, 2012
Listed
Jan 19, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012