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Vahe
Vahe is 27 years old and lives with his parents in Vanadzor city. Vahe graduated from Vanadzor Culinary College and works in a pizzeria, as a cook. At the same time, Vahe has his own food production business, and after work time he makes candies and pastry products in his house. He sells them to Vanadzor’s supermarkets. Vahe’s mother helps him in this occupation. Vahe is satisfied by his work, and it allows him to take care of his family.

Vahe asks for a loan from Kiva lenders, because he wants to buy a new computer. He confessed that in our century, things are too hard without a computer and Internet connection. He wants to find and learn some information and new techniques through the Internet, which would be connected with cooking.

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
  • 163
    View loans »
    Armenia Loans Fundraising
  • $13,280,700
    Funds lent in using Kiva
  • 415.2
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Vahe to buy a new computer.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 11, 2013
Listed
May 16, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014