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Vasil is 41 years old. He lives with his wife, daughter, son and pensioner parents in Ijevan city. Vasil has a higher education; he is an engineer. Vasil has worked in his profession many years but after the Soviet Union dissolution he became jobless.

Since 2006 Vasil has run his own transportation business. Vasil bought a mini bus and started to transport pupils and students in his car. He organizes various trips primarily for students and pupils. Vasil's wife helps him to meet the needs of their big family; she works in Ijevan University as a secretary assistant.

Vasil’s car is a little bit old and needs some repairs. As he confessed, it is very important to have a car in perfect condition in his occupation.

Vasil asks Kiva lenders for a loan to repair his car and to buy new tires for the summer season.

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
  • 167
    View loans »
    Armenia Loans Fundraising
  • $14,947,325
    Funds lent in using Kiva
  • 411.4
    Armenia Drams (AMD) = $1 USD
A loan of $2,325 helped Vasil to repair his car and to buy new tires for the summer season.
Repayment Term
38 months (Additional Information)
Repayment Schedule
Apr 3, 2013
May 4, 2013
Currency Exchange Loss:
Jun 3, 2013