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For more than twenty years, Henrik has worked repairing and manufacturing footwear in Kapan. Henrik has a small shop which he uses as a workshop for his business. He has his own tools and materials, and Henrik gets the shoe forms in Yerevan. He buys raw materials twice a month. Henrik takes orders for shoe repairs, and also makes shoes special order. Many residents of the city of Kapan use Henrik's services. Henrik works six days a week until late at night, unlike other shoe repair shops.

Henrik is 55 years old, and he was born in the town of Kapan. After graduation, Henrik studied civil engineering. Henrik is married and has two children: a son and a daughter. Henrik's wife is a housewife, and his daughter is married and living on her own. Henrik's son helps his father in the workshop. Thanks to the business Henrik can support his family. Henrik has received loans from Nor Horizon three times, and he always paid on time. Now he needs a loan of 800,000 drams to buy soles, leather, glue, and other necessary materials for his business.
View original language description ↓
Более 20 лет Генрик занимается ремонтом и изготовлением обуви в городе Капане. У Генрика есть небольшое помещение, которое он использует как мастерскую для своего бизнеса. У него есть свои собственные станки, а сырье и обувные формы Генрик приобретает в Ереване. Сырье он закупает дважды в месяц. Генрик принимает заказы на ремонт обуви, а так же изготавливает обувь по частному заказу. Услугами мастерской Генрика пользуются многие жители города Капана. Генрик работает шесть дней в неделю до позднего вечера, в отличие от остальных мастерских по ремонту обуви.
Генрику 55 лет и он родился в городе Капане. После окончания школы, Генрик поступил в строительный техникум. Генрик женат и у него двое детей: сын и дочь. Жена Генрика домохозяйка, дочь замужем и проживает отдельно от родителей, сын Генрика помогает отцу в мастерской.
Благодаря своему бизнесу Генрик содержит свою семью. Генрик получал кредит от организации Нор Оризон 3 раза и он всегда выплачивал кредит вовремя. Сейчас ему необходим кредит на сумму 800.000 драм для покупки подошв, кожи, клея, и другого необходимого сырья 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
  • 412.7
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,950 helped Henrik to buy soles, leather, glue, and other necessary materials for his business.
100% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Jun 4, 2012
Jun 14, 2012
Currency Exchange Loss:
May 17, 2013