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Rubik
Rubik has been engaged in animal breeding and land cultivation for twenty years. On his farm he rears cows, calves, sheep and chickens. Also he grows potatoes and wheat on his own plot of land. He sells the dairy products he produces, potatoes and wheat at food markets, and sells meat to butcher’s shops. Thanks to farming Rubik is able to support his family.

Rubik is fifty-eight years old and he lives in Ddmashen village, Sevan area with his wife, son, daughter-in-low and newborn grandchild. Rubik’s wife helps him in the agricultural business. His son is serving in peacekeeping troops and his daughter-in-low stays at home and takes care of her child.

Rubik is asking for a $1,550 loan which will allow him to buy fodder for his farm animals and also potato seedlings and fertilizer in advance of sowing.

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
  • 116
    View loans »
    Armenia Loans Fundraising
  • $12,677,975
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,550 helped Rubik to buy fodder for his farm animals and also potato seedlings and fertilizer in advance of sowing.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 12, 2012
Listed
Mar 20, 2012
Currency Exchange Loss:
N/A
Ended:
Oct 17, 2013