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Update on Harutyun

Harutyun is still farming. Thanks to his occupation he is able to provide for his family. Harutyun used his first Kiva loan to buy some chickens, rabbits, calves, piglets and fodder. Thanks to his farm development he bought a car which he uses to transport the farm's meat and milk products to food markets in Ijevan city.

Now Harutyun is asking for a $3,000 loan to buy two more cows for his farm and also a large lot of fodder for his farm animals.

Previous Loan Details

Harutyun was born in 1978. He lives in Vazashen village with his jobless wife and retired parents. Since 1990, Harutyun’s family has been engaged in farming. Now Harutyun is doing the major part of the farm work and thus supporting his family. He breeds goats, a cow and a calf. Harutyun sells... More from Harutyun's previous loan »

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.

To stay updated on loans from Armenia, please join the Armenia lending team at

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Armenia

  • $6,300
    Average annual income
  • 126
    View loans »
    Armenia Loans Fundraising
  • $14,888,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Harutyun to buy two more cows for his farm and also a large lot of fodder for his farm animals.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Jun 27, 2012
Jul 20, 2012
Currency Exchange Loss:
Jul 17, 2014
This photo was used before for a previous loan for Harutyun. It was first posted on Kiva on Sep, 2011. Learn More