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Suren
Suren is 58 years old and he lives in Tsovagyugh village, an area of Sevan. Suren is married and he has two children: a daughter and a son. His son lives in Russia and his daughter, who is a translator, is jobless as she can’t find a job in their village.

Suren has graduated from Yerevan road-building technical training school and for 19 years, he worked at the Road-building Department as a master.
Since 1998, Suren and his wife have been engaged in farming. They breed cows, sheep, pigs and chickens. Part of the agricultural production they use for their family use and the other part they sell to dairy factory and the butcher’s shops and thus support their family.

This is Suren’s second loan from Nor Horizon and now he needs a $2,500 loan to buy a large lot of fodder for his farm animals.

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
  • 131
    View loans »
    Armenia Loans Fundraising
  • $12,991,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,500 helped Suren to buy a large lot of fodder for his farm animals.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 23, 2012
Listed
Feb 26, 2012
Currency Exchange Loss:
N/A
Ended:
Feb 17, 2014