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Kamo has been involved in repairing cars for over 20 years. He takes individual work orders to repair cars and, thus, supports his family. Kamo remodeled his own garage into an auto repair shop, where he runs his business. He brings in necessary spare parts from Yerevan and uses his own small, older truck for this purpose. This allows him to reduce business expenses significantly. Kamo also has all of the necessary equipment for the business. He loves his work very much and works without days off for this reason.

Kamo is 49 years old, and he lives in the city of Kapan. He was born in Nagorno-Karabakh and moved to Kapan when he was young as he decided to apply to the Kapan construction college. Kamo is married and has three children - two daughters and a son. The daughters are already married and live separately. Kamo's wife works in a kindergarten. Kamo needs a loan in the amount of 1,000,000 dram to purchase a compressor and necessary spare auto parts for his business.
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Камо занимается ремонтом автомобилей более 20 лет. Он принимает индивидуальные заказы на ремонт автомобилей и таким образом содержит семью. Камо переоборудовал свой собственный гараж в автомастерскую, где он и осуществляет свой бизнес. Необходимые запчасти Камо привозит из Еревана для чего он использует свой собственный старый небольшой грузовой автомобиль. Данный факт позволяет ему значительно сократить расходы своего бизнеса. Также у Камо есть все необходимое оборудование для бизнеса. Камо очень любит свою работу и поэтому работает без выходных.
Камо 49 лет и он живет в Капане. Он родился в Нагорном Карабахе и переехал в Капан в юном возрасте, когда решил поступать в капанский строительный техникум. Камо женат и у него трое детей: две дочери и сын. Дочери уже замужем и проживают отдельно. Жена Камо работает в детском саду.
Кредит на сумму 1.000.000 драм необходим Камо для покупки компрессора и необходимых автозапчастей 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
  • 125
    View loans »
    Armenia Loans Fundraising
  • $14,083,350
    Funds lent in using Kiva
  • 388.3
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,600 helped Kamo to buy a compressor and spare auto parts for his business.
100% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Mar 16, 2012
Mar 22, 2012
Currency Exchange Loss:
Oct 17, 2014