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Lilit
33-year-old Lilit rents a place in Kapan where she runs a cafe. Lilit has engaged in this business for about three years. Lilit likes her occupation very much. Her cafe enjoys wide popularity and there are always a lot of visitors. Also at her cafe Lilit organizes birthdays and small wedding parties. Thanks to her business income Lilit is able to support herself.

Lilit is married, but her husband now lives in Russia. Lilit has a daughter, who has her own family and she lives separately from her mother.

Lilit is seeking for a loan to buy a coffee machine, small sofa and also coffee, tea and various natural juices for her cafe.

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 http://www.kiva.org/team/armenia.

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

Success!! The loan was 100% repaid

A loan of $1,250 helped Lilit to buy a coffee machine, small sofa and also coffee, tea and various natural juices for her cafe.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 26, 2012
Listed
Nov 7, 2012
Currency Exchange Loss:
N/A
Ended:
May 17, 2014