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Ishkhan
Ishkhan is 36 years old. He lives with his wife and child in their own house in Vanadzor city. After school and military service, Ishkhan used to be a worker in Vanadzor.

About six years ago, Ishkhan became engaged in shoes trading. He rents a stall in Vanadzor’s clothes markets and sells men's shoes. Ishkhan buys the merchandise from Yerevan wholesale markets and shoe manufacturing shops. He is the only bread winner in his family. His wife takes care of their little child and does not work outside the home. Ishkhan says that to find a good job in Vanadzor is too hard and he is happy that he is able to take care of his family's needs with his trading help.

Ishkhan is asking Kiva lenders for a loan to buy a new summer shoe collection from Yerevan for resale in his stall. He hopes to earn a good profit and to save some money for his little child’s future.

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.

To stay updated on loans from Armenia, please join the Armenia lending team at http://www.kiva.org/team/armenia.

About Armenia

  • $6,400
    Average annual income
  • 171
    View loans »
    Armenia Loans Fundraising
  • $13,264,050
    Funds lent in using Kiva
  • 411.4
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,450 helped Ishkhan to buy a large amount of summer shoes for men from Yerevan.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 3, 2013
Listed
May 4, 2013
Currency Exchange Loss:
Possible
Ended:
May 18, 2014