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Susan
Sixty-one-year-old Susan has run her own hairdressing salon for over 5 years. Her business allows her to support her family. Susan has many regular clients who are always satisfied with the results of her hairdressing salon service.

Susan lives in Achajur village, Tavush area. Several years she worked as an economist, but then she decided to organize her own business. Susan has two daughters. One of them is married and lives separately from her mother, but her younger daughter lives with Susan and works at a clinic.

Susan is seeking a $2,000 loan to partly repair her salon and to buy new furniture for it. This will allow Susan to serve her clients in suitable conditions and to attract new clients.

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
  • 169
    View loans »
    Armenia Loans Fundraising
  • $13,280,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Susan to partly repair her salon and to buy new furniture for it.
100% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 4, 2012
Listed
Sep 17, 2012
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2013