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Tatul
Tatul was born in 1982 in Sevkar village, Tavush region. After serving in the Armenian army, he graduated from Yerevan State University Ijevan branch, where he learned psychology and pedagogy. Tatul couldn’t find appropriate work in his specialty and now he works as a driver. He is married and has two small sons. Tatul's parents also live with them.

Simultaneously with his regular work, Tatul and his family are engaged in farming. On their farm they breed cows, pigs, hens and turkeys. Also, they have a hothouse and garden where Tatul grows fruits and vegetables. He has a plot of land where he grows wheat. Tatul and his family use part of their agricultural products for their own needs, and reminder they sell to support the family.

Tatul is asking for a 1,000,000 AMD loan to buy a tractor which will allow him to hasten his field operations, such as sowing and harvesting.

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
  • 160
    View loans »
    Armenia Loans Fundraising
  • $13,185,300
    Funds lent in using Kiva
  • 387.0
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,600 helped Tatul to buy a tractor.
100% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 27, 2012
Listed
Jan 29, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014