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Marieta is 50 years old. She lives in the city of Vanadzor with her husband, student daughter, and mother-in-law. Her son now lives and works in the Russian Federation and, from time to time, helps his family in Armenia.

Marieta has a bachelor's degree in the field of pedagogy. She used to work as a teacher in Vanadzor’s secondary school, but because of teachers' low salaries in Armenia, she decided to change her work position.

More than one year ago, Marieta engaged in the clothes trading business. She rents a stall in one of Vanadzor's trading centers and re-sells men’s, women’s and children’s clothes, which she imports from Yerevan wholesale markets. Her husband is working in the construction sphere, so Marieta runs and makes her business alone. With the profit from her business, Marieta solves her family's needs and pays her daughter’s education fees.

Marieta asks from Kiva lenders 1000000 AMD to buy a new assortment of men’s, women’s, and children’s clothes for the winter trading season.

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
  • 128
    View loans »
    Armenia Loans Fundraising
  • $14,377,525
    Funds lent in using Kiva
  • 405.3
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,475 helped Marieta to buy a new assortment of men’s, women’s, and children’s clothes for the winter trading season.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Nov 23, 2012
Dec 4, 2012
Currency Exchange Loss:
Aug 17, 2013