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Shamagha
Shamagha, 59, is a farmer. She lives with her husband and son in Koti village, which is near Ijevan. Her elder son and daughter are married and live with their families away from their parents.

For more than 20 years, Shamagha worked for her town's government. Now, the only source of Shamagha’s family income is farming and animal breeding. Shamagha and her pensioner husband have been engaged in the agricultural business for many years. In her garden, Shamagha grows tomatoes, peppers, cucumbers and potatoes, which her husband sells in Ijevan's markets. Shamagha also breeds piglets. She has a large barn for pigs near her house and keeps more than 15 pigs. Shamagha is very satisfied by her animal breeding, which allows her to meet her family needs.

Shamagha needs a loan of 1,000,000 to repair the barn for her piglets. A new, large, comfortable barn will allow her to add the number of pigs that she raises. She hopes to finish the repairing process before the cold 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
  • 99
    View loans »
    Armenia Loans Fundraising
  • $13,984,325
    Funds lent in using Kiva
  • 415.3
    Armenia Drams (AMD) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $2,425 helped Shamagha to repair the barn for her piglets.
57% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Apr 10, 2013
Listed
May 14, 2013
Currency Exchange Loss:
Possible