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A married mother of a daughter who lives independently with her own family, 40-year-old Susanna lives in the city of Vanadzor where, for the past five years, she has managed her own business: food and household goods trading.

In her shop Susanna sells a large assortment of fresh and canned food and a wide variety of household goods, earning her a large customer base. She is frequently assisted by her husband, who works as a fire-fighter.

Susanna is now requesting a 250.000 AMD loan to buy pasta, cereals, candy and detergents for her shop.

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
  • 100
    View loans »
    Armenia Loans Fundraising
  • $14,006,425
    Funds lent in using Kiva
  • 387.5
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Susanna to buy pasta, cereals, candy and detergents for her shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 20, 2012
Jan 22, 2012
Currency Exchange Loss:
Feb 20, 2013