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Anush
Anush, who was born in 1963, lives in Sevan with her husband, two sons and a daughter-in-law. With the exception of her elder son, who works as a driver, the others are jobless due to a scarcity of employment opportunities.



For several years Anush worked as a kindergarten teacher, and since 2009 has been operating her own business, renting a stall where she sells household goods, tableware, vases, toys, etc. Anush’s younger son helps her to bring merchandise for her business from Yerevan, and this enterprise provides for the majority of her family’s needs.



Anush is now requesting her second loan from Nor Horizon for 1,000,000 AMD to buy various vases and dishes to resell and also to diversify the household goods assortment of 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.

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

About Armenia

  • $6,300
    Average annual income
  • 125
    View loans »
    Armenia Loans Fundraising
  • $14,072,150
    Funds lent in using Kiva
  • 387.5
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,600 helped Anush to buy various vases and dishes to resell and also to diversify the household goods assortment of her shop.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 23, 2012
Listed
Jan 24, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014