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25-year-old Anahit runs her own trading business in Ijevan city. She rents a stall where she resells woman’s, men’s and children’s clothes and shoes. Anahit also sells handbags. Once a week Anahit goes to Yerevan where she buys merchandise for her business from wholesale markets. Her business income allows Anahit to meet the major part of her young family’s needs.

Simultaneously with her business, Anahit works at school as a teacher's assistant. Anahit’s husband is a military man. 2 months ago Anahit gave birth to a son and now she is very happy.

Anahit is seeking a 1,000,000 AMD loan, which will allow her to buy a large lot of dressing-up items and pumps to resell, as early summer is a time of high school graduation parties.

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
  • 128
    View loans »
    Armenia Loans Fundraising
  • $14,869,400
    Funds lent in using Kiva
  • 406.3
    Armenia Drams (AMD) = $1 USD
A loan of $2,475 helped Anahit to buy a large lot of dressing-up items and pumps for high school graduation parties.
Repayment Term
32 months (Additional Information)
Repayment Schedule
May 29, 2012
Jun 3, 2012
Currency Exchange Loss:
Jul 3, 2012