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Kristine was born and lives in the city of Kapan, in the Syunik region together with her parents, who are retired. Kristine is 40 years old and she is not married. She finished the Kapan Polytechnic Institute and is a metallurgical engineer by profession. Kristine worked in this area for six years, but as the salary was small she decided to start her own business.

In 2010, Kristine opened her own cafeteria in Kapan. The business is small, but as Kristine says: "It is profitable and enough for living". Her parents and friends help her in the business. Kristine has many loyal customers who love to sit and have a good time at Kristine's cafe. She loves her business and is proud of the accomplishments she has made in such a short period of time.

Kristine decided to broaden the menu and add traditional dishes; lahmajo, shawarma and kebab, which will help her increase the turnover of the business. Kristine needs a loan in the amount of 1,700 US dollars to purchase an oven for lahmajo and add tableware to the cafe.
View original language description ↓
Кристине родилась и живет в городе Капан,Сюникской области вместе с родителями пенсионерами. Кристине 40 лет и она не замужем. Она окончила Капанский Политехнический институт и по профессии инженер металлург.
Кристина проработала по своей специальности 6 лет но так как зарплата была небольшой она решила открыть свой собственный бизнес.
С 2010 года Кристине открыла свою собственную кафетерию в Капане. Бизнес небольшой ,но как сказала Кристине:” прибыльный и хватает на жизнь”. В бизнесе ей помогают родители и друзья. У Кристине уже есть множество постоянных клиентов которые любят сидеть и проводить приятное время в кафе у Кристине. Она любит свой бизнес и гордиться теми достижениями, которых она достигла за такой маленький срок.
Кристине решила расширить меню и добавить традиционных блюд; лагмаджо,шаурма и кебаб , что поможет ей разширить оборот бизнеса.
Кристине нужен кредит на сумму 1700$ для покупки печи для лагмаджо и обновить посуду в кафе.

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
  • 126
    View loans »
    Armenia Loans Fundraising
  • $14,888,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,700 helped Kristine to buy a new oven for making "'lahmajo'' and to add tableware to the cafe.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Jan 14, 2013
Jan 17, 2013
Currency Exchange Loss:
May 17, 2014