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For the past 6 years, Georgi has been a farmer in the village of Sevakar, Syuniksk region. Georgi raises cattle, chickens and bees, and grows fruit and vegetables. He sells his products - milk, cheese, eggs, honey and produce - in the city of Kapan. Georgi's products are always in high demand as he consistently maintains their high quality. His honey, particularly, is very popular, as it is organic and very good for health.

Georgi needs a loan of 1,000,000 dram to purchase a truck, which he will use to transport his beehives from his farm into the mountains, and also to bring hay from the fields for his cows, bulls and calves.

Georgi is 31 years old. He graduated from the Yerevan Agricultural University. Georgi is married and has a four-year-old daughter. In addition to being a farmer, he works as a forester, while his wife works in a kindergarten. Georgi's parents live together with their family: his father helps with farming, while his mother works as a nurse.
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Георгий занимается сельскохозяйственным бизнесом в деревне Севакар, Сьюникского региона, на протяжении 6 лет. Георий разводит крупный рогатый скот, кур и пчел, выращивает овощи и фрукты.
Полученную сельскохозяйственную продукцию: молоко, сыр, яйца, мед, фрукты и овощи, Георгий продает в городе Капане, региональном центре Сьюника. Продукция Георгия всегда пользуется большим спросом, так как он держит качеству своей продукции на очень высоком уровне. Особенным спросом пользуется мед, так как он очень полезен и натурален.

Георгию необходим кредит в размере 1.000.000 драм для приобретения грузового автомобиля, при помощи которого он будет перевозить улья со своей фермы в горы, а также сено с полей для своих коров, быков и телят.

Георгию 31 год, он окончил Ереванский сельскохозяйственный университет. Георгий женат и у него есть четырехлетняя дочь. Параллельно с ведением сельского хозяйства, Георгий работает лесником. Жена Георгия работает в детском саду. Также с ними проживают родители Георгия: отец помогает ему в ведении сельского хозяйства, а мать работает медсестрой.

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
  • 100
    View loans »
    Armenia Loans Fundraising
  • $13,984,325
    Funds lent in using Kiva
  • 414.6
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,425 helped Georgi to buy a truck for his agricultural business.
100% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Jun 15, 2012
Jun 25, 2012
Currency Exchange Loss:
Apr 16, 2014