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Hrachya lives in the village of Lchashen, which is in the Gegharkunik region. He lives with his wife and son, who is an innate invalid of the second degree.

Both Hrachyan and his wife are self-employed. They are engaged in farming and agriculture. Hrachya is the herdsman of their village. On their farm they have a large lot of animals, and it is the only source of income for their family. Hrachya has four cows, a calf, 12 sheep, four lambs, two piglets and a horse. Near their house they have a small plot of land where they cultivate tomatoes, carrots and different greens. All the income that they earn from farming they use first of all for their son’s medicines and then for other needs of their family and farm. Hrachya and his wife do their very best to facilitate their son’s life.

Hrachya asks for a loan of 1,000,000 Armenian drams to buy three cows in order to increase his farming. He hopes very much that Kiva will support him and help him to better his family's poor living conditions.

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
  • 168
    View loans »
    Armenia Loans Fundraising
  • $14,947,325
    Funds lent in using Kiva
  • 417.2
    Armenia Drams (AMD) = $1 USD
A loan of $2,400 helped Hrachya to buy three cows in order to increase his farming.
Repayment Term
32 months (Additional Information)
Repayment Schedule
Apr 25, 2013
May 26, 2013
Currency Exchange Loss:
Jun 25, 2013