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Hrachik does farming in the village of Geghi, in the Syuninskiy region during many years. He breeds large horned cattle and also grows fruits and vegetables. Hrachik's wife helps him in the farm and together they make cheese, butter and matsoni from the milk. Large part of the dairy products, meat, fruits and vegetables are sold to Hrachik's regular customers.

Hrachik is 54 years old and lives in the village of Geghi. He is married and has three children: two daughters and one son. Hrachik's son is married and lives separately from the parents. Both daughters study in college on the paid tuition. Thanks to the farming business Hrachik is able to support his family and pay for their daughters' education. Hrachik used to work as a driller on the mining and processing plant.

Hrachik needs a loan in the amount of 1,000,000 dram to build a new and more reliable cattle shed for his large horned cattle herd.
View original language description ↓
Грачик (Hrachik) занимается сельским хозяйством в деревне Гехи (Geghi), Сьюникского региона, на протяжении долгих лет. Он разводит крупный рогатый скот, а также выращивает овощи и фрукты. Жена Грачика помогает ему на ферме и вместе они изготавливают сыр, масло и мацони из полученного молока. Большую часть молочных продуктов, мясо, овощи и фрукты Грачик продает своим постоянным клиентам.
Грачику 54 года и он проживает в деревне Гехи. Он женат и у него трое детей: две дочери и сын. Сын Грачика женат и живет отдельно от родителей. Обе дочери учатся в институте на платном отделении. Благодаря занятию сельским хозяйством Грачик содержит свою семью и платит за обучение своих дочерей. Раньше Грачик работал на Горно-обогатительном комбинате буровиком.
Грачику необходим кредит на сумму 1.000.000 драм для постройки нового более надежного хлева для своего крупного рогатого скота.

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
  • 125
    View loans »
    Armenia Loans Fundraising
  • $14,083,350
    Funds lent in using Kiva
  • 388.8
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,575 helped Hrachik to construct a new cattle shed.
100% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Mar 15, 2012
Mar 19, 2012
Currency Exchange Loss:
Oct 17, 2014