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Sofik
Sofik is engaged in animal breeding and land cultivation in Geghamavan village, area of Sevan. She breeds cows, pigs, sheep and rabbits. On her land she grows cabbages and potatoes for sale. Sofik sells agricultural products (milk, meat, wool and vegetables) directly from her farm to her regular customers.

Sofik is 61 years old. She lives with her husband, son, daughter-in-law and two small grandchildren. Sofik worked at the poultry factory as a poultry keeper many years. Sofik’s husband is a retired person; her son has his own truck and carries cargo; Sofik’s daughter-in-law stays at home and takes care of her children.

Sofik is seeking a 500.000 AMD loan, which she will use to buy a large lot of fodder for her farm animals.

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
  • 102
    View loans »
    Armenia Loans Fundraising
  • $14,006,425
    Funds lent in using Kiva
  • 409.5
    Armenia Drams (AMD) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,225 helped Sofik to buy a large lot of fodder for her farm animals.
99% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 9, 2012
Listed
Nov 15, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014