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Yuri has been involved in agricultural work in the Shishkert village of the Syunik region for ten years. He keeps bees, cattle, sheep and chickens. He also grows vegetables and fruits. Selling the resulting products, such as honey, beef, lamb, milk, eggs, wool, vegetables and fruits, at the market of Kapan, allows Yuri to have the ability to support his large family. Yuri is 47 years old. He got a speciality of a driver at a technical college and works as a driver at one of the Kapan organizations parallel to his agricultural business. Yuri is married and has three children: a son and two daughters. His wife works as a cook at one of the Kapan cafes, his son helps the father with running the agricultural business, the oldest daughter works as a salesperson at a store, and the youngest attends a college to become a telecommunications worker. Yuri's parents also live with him, and they help him to run the agricultural business within their abilities. Yuri needs a loan in the amount of 500,000 dram to organize hay-gathering work and to prepare livestock feed. He will spend this money partially on buying diesel fuel, leasing agricultural machinery, buying rope to tie the hay, etc.
View original language description ↓
Юрий занимается сельскохозяйственной деятельность в деревне Шишкерт, Сьюникского региона, на протяжении 10 лет. Юрий разводит пчел, крупный рогатый скот, овец и кур. Также он выращивает овощи и фрукты. Продавая полученную сельскохозяйственную продукцию: мед, говядину, баранину, молоко, яйца, шерсть, овощи и фрукты, на рынке города Капана, Юрий имеет возможность содержать свою большую семью
Юрию 47 лет. Он получил специальность водителя в профтехучилище и, параллельно с сельскохозяйственной деятельностью, он работает водителем в одной из капанских организаций. Юрий женат и у него трое детей: сын и две дочери. Жена Юрия работает поваром в одной из капанских столовых, сын помогает отцу в ведении сельского хозяйства, старшая дочь работает в продавщицей в магазине, младшая дочь учится в колледже на связиста. Также с Юрием проживают его родители, которые по мере своих возможностей помогают ему в ведении сельского хозяйства.
Юрию необходим кредит на сумму 500.000 драмов, который он потратит на организацию работ по уборке сена и заготовку корма для скота. В частности он потратит деньги на покупку дизельного топлива, аренду сельскохозяйственной техники, покупку веревки для перевязки сена и т.д.

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.

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About Armenia

  • $6,300
    Average annual income
  • 126
    View loans »
    Armenia Loans Fundraising
  • $14,888,900
    Funds lent in using Kiva
  • 411.1
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Yuri to organize hay-gathering work and to prepare livestock feed.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Jul 13, 2012
Jul 20, 2012
Currency Exchange Loss:
Aug 17, 2013