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Naira lives in Gugark village in Lori region. She is a hairdresser and works in one of the beauty salons of Vanadzor city. She has many customers in her village. In the past, she has also worked in different beauty salons of Vanadzor city as a hairdresser. She performs only women’s hairdressing. Over the years, she has become experienced in her profession, and now she is able to provide good hairdressing services to the women and girls of her village.

Naira is only 30 years old and lives with her parents and sister. Her sister works in a shop as a seller. Her parents don't work, and now Naira and her sister are working very hard in order to sustain their family.

Naira just finished cosmetology courses, which she liked very much. She now intends to start performing cosmetics services too, as in the Lori region, there are few professional cosmetologists. Her big dream is to have her own beauty salon, and she hopes that in the future, her dreams will come true.

Naira needs a loan amount of 500,000 Armenian drams to run her new cosmetic activity and to buy tools and cosmetics.

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
  • 152
    View loans »
    Armenia Loans Fundraising
  • $14,910,275
    Funds lent in using Kiva
  • 414.2
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Naira to run her new cosmetics activity and to buy tools and cosmetics.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Mar 1, 2013
Mar 27, 2013
Currency Exchange Loss:
Apr 18, 2015