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Marine has been in the farming business in Kapan for 10 years. He and her husband raise cattle and poultry. Marine uses milk to make butter, cheese, and “matsoni” [a type of traditional yoghurt], and sells these products to her neighbors. She also sells them chicken egg. As to beef, Marine and her husband sell it in their own small butcher shop.
Since the farm is not big, the income from farming and her husband’s salary is not enough to support their family, Marine also works as a hairdresser in a small rented facility.

Marine is 36 years old. After finishing high school in her village, she received a hairdresser’s certificate. Marine has two children: a 16-year old daughter and a 12-year old son. Both attend school. Marine’s husband works at a mining plant, and also helps out in the farming business.
Marine needs a loan for 25,000 FVD in order to buy two calves in order to develop her business further and also to buy fodder for poultry and cattle.
View original language description ↓
Марине занимается сельскохозяйственным бизнесом в Капане в течение 10 лет. Она вместе с мужем разводит крупный рогатый скот и кур. Из полученного молока Марине делает масло, сыр, мацони и продает своим соседям. Им же она продает куриные яйца. Говядину Марине и ее муж продают в своем небольшом мясном магазинчике.
Так как ферма небольшая, и дохода от ведения сельскохозяйственного бизнеса и зарплаты мужа не хватает для содержания семьи, то Марине, параллельно, занимается парикмахерской деятельностью в небольшом арендованном помещении.
Марине 36 лет. После окончания сельской школы, она окончила курсы парикмахерского дела. У Марине двое детей: шестнадцатилетняя дочь, и двенадцатилетний сын. Оба учатся в школе. Муж Марине работает на горно-обогатительный комбинате, а также помогает жене в ведении сельскохозяйственного бизнеса.
Марине необходим кредит на сумму 750.000 Драм для приобретения 2 бычков для развития своей фермы, а также для приобретения корма для кур и 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
  • $14,072,150
    Funds lent in using Kiva
  • 401.5
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,875 helped Marine to buy 2 bull calves so as to develop her business further, as well as fodder for her farm animals.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
May 21, 2012
May 27, 2012
Currency Exchange Loss:
Jun 17, 2014