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Seyran
Seyran is 38 years old. He and his family live in the village of Getahovit, in Tavush Region. Seyran’s family consists of his wife, two small children, his mother, and his sister. Seyran’s mother is a pensioner, his sister is jobless, and his wife is on maternity leave.

Since 2003 Seyran has worked as a rescuer, and he says he likes his work very much, though it is often very dangerous. To supplement this, Seyran and his family engage in animal breeding and land cultivation. With their combined efforts, they have breed two cows, two calves, and 20 chickens, and they grow fruit and vegetables and also fodder.

The dairy products, eggs, fruit, and vegetables they produce are for the family's use, and now Seyran intends to develop his farming and to start to breed pigs as well. Therefore, he needs a 900,000-Armenian-dram loan to buy some pigs and calves for his farm and also to buy deficient fodder for his farm animals.

This is Seyran’s third loan from Nor Horizon, and he always does his repayments in 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

  • $6,400
    Average annual income
  • 122
    View loans »
    Armenia Loans Fundraising
  • $12,892,725
    Funds lent in using Kiva
  • 387.5
    Armenia Drams (AMD) = $1 USD
Expired
A loan of $2,325 helped Seyran to buy some pigs and calves for his farm and also to buy deficient fodder for his farm animals.
Repayment Term
32 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 20, 2012
Listed
Jan 22, 2012
Currency Exchange Loss:
Possible
Expired:
Feb 21, 2012