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Arman
Arman is involved in an agricultural business in the Syunik village of the Syunik region. He breeds cattle and pigs. He sells agricultural products, such as milk, beef and pork, at a market in the city of Kapan and through resellers. The resulting income from running the agricultural business allows Arman to support his family. His family consists of his parents and a younger brother, all of whom help him at the farm. Arman is 26 years old. He likes to be involved in the agricultural business very much, and this is why he works on his farm from the early morning to the late evening (from 7:00 until 22:00). Arman needs a loan in the amount of 500,000 dram to purchase livestock feed for the winter.
View original language description ↓
Арман занимается сельскохозяйственным бизнесом в деревне Сюник, Сюникской области. Арман разводит крупный рогатый скот и свиней. Полученную сельскохозяйственную продукцию: молоко, говядину и свинину он реализуются в городе Капане как на рынке, так и через скупщиков. Доход получаемый от ведения сельского хозяйства позволяет Арману содержать семью. Семья Армана состоит из его родителей и младшего брата, которые помогают ему на ферме.
Арману 26 лет. Ему очень нравится заниматься сельскохозяйственным бизнесом, поэтому он работает на своей ферме с раннего утра до позднего вечера (с 7:00 – 22:00).
Арману необходим кредит на сумму 500.000 драм для приобретение корма на зиму для скота.

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

  • $6,400
    Average annual income
  • 89
    View loans »
    Armenia Loans Fundraising
  • $13,470,000
    Funds lent in using Kiva
  • 407.2
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Arman to buy livestock feed for the winter.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jul 25, 2012
Listed
Jul 31, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014