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Vahagn
Father of three children, Vahagn lives in Tsovagyugh village which is in Sevan area. Vahagn is 30 years old and he graduated from Armenian State Agrarian University. He has never worked by his profession.

Vahagn, together with his wife, is engaged in farming and animal breeding. The only source of income of Vahagn's family is farming. They work hard day and night in order to sustain their big family. Vahagn has cows, bulls, sheep and chickens in his farm. Products from animal breeding are sold in Sevan food markets.

Also Vahagn raises vegetables in his plot of land which is near their house. Vahagn says that his wife helps him s lot and he couldn't overcome his problems and difficulties without his wife's help. They are a young, big family and they hope to create a good future for their children and for that aim they will do their very best.

For increasing animal breeding, Vahagn needs a loan of 1,000,000 Armenian drams to buy three calves and fodder for his animals. Vahagn hopes to enlarge his farming business and receive a good profit.

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.

Tags

About Armenia

  • $6,400
    Average annual income
  • 105
    View loans »
    Armenia Loans Fundraising
  • $12,655,100
    Funds lent in using Kiva
  • 415.3
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,425 helped Vahagn to buy three calves and fodder for his animals.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 9, 2013
Listed
May 14, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014