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Artush
Artush and his wife have been engaged in pig breeding and gardening for about 17 years. They breed 3 pigs and 5 piglets and grow apples, pears, plums, etc., in Ijevan. Generally, Artush uses fruit for his family needs, but in productive years he sells fruit as well. Artush sells pork to butchers and also to his neighbors. Pig breeding allows Artush to provide the major part of his family’s needs.
Artush has 3 children: 2 sons, who are pupils and a 20-year-old daughter, who is looking for a job now. Artush is 44 years old. Along with pig breeding and gardening he works as a taxi driver. Artush says that driving is not sufficiently profitable, so his agricultural business is the main source of income for his family.
This is Artush’s fourth loan from Nor Horizon and now he is asking for a 500,000 AMD loan to buy a sow and a large lot of fodder for his pigs. Artush has never been late with his repayment.

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
  • 188
    View loans »
    Armenia Loans Fundraising
  • $13,239,150
    Funds lent in using Kiva
  • 393.0
    Armenia Drams (AMD) = $1 USD
Expired
A loan of $1,275 helped Artush to buy a sow and a large lot of fodder for his pigs.
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 8, 2012
Listed
May 12, 2012
Currency Exchange Loss:
Possible
Expired:
Jun 11, 2012