Check out some available loans that are similar to this one!
Seda
Seda is 56 years old. She is a widow and lives with her son in Lchashen village, which is in the Sevan area. Seda has a higher education. She is an aviarist (poultry) operator. For a long time, Seda has worked as a worker in many factories in the Sevan region but after Soviet Union collapsed, she became jobless. She had a hard and difficult life and after her husband died, she raised her son alone.

Since 2004, Seda and her son have been running their own agricultural business. They are engaged in swine-breeding. Seda has built a large barn for pigs and breeds them in her village. They have 30 pigs. Seda says that swine-breeding is a very profitable branch of animal breeding but at the same time, very hard and difficult. As she confessed, you must just love your occupation and after that, it will bring you good profit.

Seda asks from Kiva lenders a loan of 500,000 Armenian drams to buy a large amount of fodder for her pigs.

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

  • $6,300
    Average annual income
  • 99
    View loans »
    Armenia Loans Fundraising
  • $13,954,625
    Funds lent in using Kiva
  • 415.2
    Armenia Drams (AMD) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,225 helped Seda to buy a large amount of fodder for her pigs.
98% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 12, 2013
Listed
May 17, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2015