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Mesrop has been engaged in animal breeding and gardening in Aknaghbyur village in theTavush region for several years. He grows figs, persimmons and various vegetables for sale. Also Mesrop breeds 3 calves, 5 pigs and 10 piglets on his farm. During the New Year’s holidays Mesrop is able to sell beef and pork to butcher shops. Thanks to his occupations Mesrop supports his big family, which consists of his wife, his two small sons and his parents.

Mesrop is 32 years old. He graduated from Yerevan State University, economics department. Simultaneously with his farming, Mesrop works as an economist in one of Ijevan’s organizations.

This is Mesrop’s 4th loan from Nor Horizon and he has never been delayed in his repayments. Now he is seeking for $3000 loan to buy 2 or 3 more calves, to stock a large lot of fodder for his farm animals and to partly repair a cattle shed.

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
  • 101
    View loans »
    Armenia Loans Fundraising
  • $14,006,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $3,000 helped Mesrop buy calves and fodder and repair his cattle shed.
Repayment Term
32 months (Additional Information)
Repayment Schedule
Aug 28, 2012
Sep 14, 2012
Currency Exchange Loss:
Oct 14, 2012