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Ara was born and still lives in the city of Kapan. He is 43 years old and lives with his wife and mother. For a while now Ara has been working as a driver. In the last few years he has been offering taxi services in the entire Syunik district using his own car. Ara has many regular clients in Kapan and Kadjaran cities. He has a good reputation as a taxi driver and his clients trust him. They prefer to use his services because his prices are significantly lower then the competition. Ara is requesting a loan from Kiva of 450,000 Armenian drahm so that he can repair his taxi cab, which he has been putting off for some time.
View original language description ↓
Ара родился и живет в городе Капан.Ему 43 года и он проживает с матерью и женой.
Долгие годы Ара работает водителем. Уже несколько лет он водитель такси и на собственной машине осуществляет частные перевозки по всей Сюникской области.
Ара имеет множество клиентов в городах Капан и Каджаран. Как таксист у Ара в Капане хорошая репутация и его все клиенты доверяют и предпочитают воспользоваться услугами Ара у такси услуг которого цены значительно ниже чем обычные.
Ара просит кредит от Кива на сумму 450.000 Армянских драм для ремонта своего автомобиля, который давно нуждается в технической обновлении. .

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
  • 166
    View loans »
    Armenia Loans Fundraising
  • $14,947,325
    Funds lent in using Kiva
  • 418.3
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Ara to repair his car, which needs technical upgrading.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Mar 18, 2013
Apr 17, 2013
Currency Exchange Loss:
Oct 17, 2014