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Seyran
Seyran, age 45, is a trader in fruits and vegetables. He buys fruits and vegetables from villages in the Tavush region and sells these in his rented stall at the Ijevan food market. Specifically, Seyran sells onions, cabbage, carrots, potatoes, citrus fruits, and greens, all of which he transports via his own car.

Seyran is the only breadwinner in his family, and the profit from his trading business allows him to meet his family needs. He lives with his wife and their son and daughter in Ijevan city.

For a long time, Seyran used to work as an auto repairman in the Tavush region, but after the collapse of the Soviet Union, he worked in the Russian Federation and supported his family from abroad. About a year ago, Seyran returned to his motherland and started his own trading business.

Seyran is requesting 300,000 Armenian drams from Kiva lenders in order to expand his offerings to include large quantities of tropical fruits, citrus fruits, apples, pears, and bananas.

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

  • $6,400
    Average annual income
  • 121
    View loans »
    Armenia Loans Fundraising
  • $12,892,725
    Funds lent in using Kiva
  • 416.1
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Seyran to expand his offerings to include tropical fruits, citrus fruits, apples, pears, and bananas.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 26, 2013
Listed
Apr 28, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014