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Sasun was born in 1983 in the city of Kapan, where he graduated from the Kapan secondary school. He was then accepted to the Yerevan Polytechnic Institute and subsequently obtained a specialty of a mechanical engineer. Sasun is married and has a son, who is one years old. Currently, his wife does not work because she is on a maternity leave. Sasun started his business in 2007. He leases a space in Kapan, where he sells women's, men's and children's clothing. Thanks to his business, Sasun purchased a car, which he now uses to transport merchandise for his business from Yerevan. Sasun travels for merchandise once per month. The business income helps him to provide for his family. Sasun needs a loan in the sum of 1,000,000 dram to purchase a spring selection of clothing for his business.
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Сасун родился в 1983 году в городе Капане, где он окончил Капанскую среднюю школу. После он поступил в Ереванский политехнический институт, в котором получил специальность инженера-механика.
Сасун женат и у него есть сын, которому годик. В данный момент жена не работает, так как находится в декретном отпуске.
В 2007 года Сасун организовал собственный бизнес. Он арендует помещение в Капане, где он продает женскую, мужскую и детскую одежду. Благодаря своему бизнесу Сасун приобрел автомобиль, с помощью которого он привозит товары для своего бизнеса из Еревана. За товаром Сасун ездит раз в месяц. С помощью дохода, получаемого от бизнеса Сасун содержит свою семью. Ему необходим кредит на сумму 1.000.000 драм, для приобретения весеннего ассортимента одежды для своего бизнеса.

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
  • 111
    View loans »
    Armenia Loans Fundraising
  • $14,056,400
    Funds lent in using Kiva
  • 388.9
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,575 helped Sasun to buy a spring selection of clothing for his business.
100% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Feb 21, 2012
Feb 22, 2012
Currency Exchange Loss:
Sep 17, 2014