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Narine is 49 years old. She lives in Yerevan and has run a women’s clothes trading business for more than 11 years. She rents a small stall at one of the trading markets, where she sells blouses, dresses and trousers. Before starting her own business, Narine worked as an accountant at different organizations.

Narine’s husband is a tailor and he sews clothes to order and also helps his wife in her business. Narine’s son works at a workshop where he repairs mobile phones; her daughter works at a hospital as a nurse.

Thanks to her occupation, Narine solves a major part of her family’s needs. She is asking for a 750,000 AMD loan to buy spring dresses and blouses to resell.

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
  • 136
    View loans »
    Armenia Loans Fundraising
  • $14,910,275
    Funds lent in using Kiva
  • 387.5
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,950 helped Narine to buy spring dresses and blouses to resell.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Jan 23, 2012
Jan 23, 2012
Currency Exchange Loss:
Jul 17, 2013