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Artur
Artur lives in Vanadzor, in the region of Lori, with his wife and two small daughters. For many years Artur has worked as an official driver, but for the last two years he has driven a taxi. He transports people mainly to Georgia and to the Russian Federation. These kind of far distances he must drive very carefully and attentively. That is why he has many loyal customers and they always pay him well. Artur’s car brand is Opel and he does his best to keep it clean and in a working condition. Artur is asking for a loan of 330.000 Armenian drams to do some repairs on his car and he also wants to buy tires. It will allow him to have a more comfortable and safe car.
He thanks Kiva lenders and Nor Horizon and he hopes that his first loan will be the beginning of a continuous cooperation.

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

  • $6,400
    Average annual income
  • 186
    View loans »
    Armenia Loans Fundraising
  • $13,239,150
    Funds lent in using Kiva
  • 415.2
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Artur to repair his car and buy new tires for it.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 22, 2013
Listed
May 23, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014