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Mareta
Mareta runs pig breeding and gardening ventures in Getahovit village, Tavush region. Mareta breeds sows and piglets and grows apples, pears and plums. She sells pork to her neighbours. She sells fruit at her husband’s stall in the food market, as her husband is engaged in selling fruit and vegetables. Also Marieta has some chickens and turkeys, but she uses the eggs, chicken and turkey meat produced for her big family’s needs.

Mareta is 39 years old and she has 4 children: 3 daughters and a son. Her eldest daughter is a student, and the other children are pupils.

Thanks to her occupation Mareta has covered part of her family’s needs; also she was able to buy necessary furniture for her house.

Mareta says that pig breeding is a rather profitable business so she intends to develop it. Therefore she is asking for a 1,000,000 Armenian dram loan to buy some more sows and piglets. This will allow Mareta to increase her family’s income in future.

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
  • 168
    View loans »
    Armenia Loans Fundraising
  • $13,280,700
    Funds lent in using Kiva
  • 392.1
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,575 helped Mareta to buy some more sows and piglets.
100% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 4, 2012
Listed
Apr 19, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014