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Suren
Suren is 59 years old, and he lives in Koti village in the Tavush area. Suren is married and has four children: three daughters and a son. Suren’s daughters are married and live separately from their parents.

For many years, Suren worked as a tractor driver at Koti village’s state farm. Since 1992, Suren has fulfilled private orders with his own tractor. At the same time he has his own farm where he raises and breeds a cow, some pigs, and chickens. He has a plot of land where he grows fruits and vegetables as well as fodder for his farm animals. At his farm, Suren has a fodder grinder: he buys batches of fodder to grind and sell. Thanks to his occupations, Suren has been able to provide for his family and organize his children’s weddings.

Suren is asking a 1,000,000 AMD loan to buy some calves for his farm as well as a lot of fodder to grind and sell.

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
  • 164
    View loans »
    Armenia Loans Fundraising
  • $13,808,800
    Funds lent in using Kiva
  • 386.8
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,600 helped Suren to buy some calves and fodder to grind and sell.
100% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jan 30, 2012
Listed
Feb 4, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014