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Norik is 48 years old. He was born, and lives with his wife and three children, in the city of Vedi in the Ararat region of Armenia. Norik is a graduate of Ararat State Industrial and Accounting College. Until the Soviet Union collapsed, Norik worked as an accountant. After the Soviet Union collapsed, he moved to Russia to work abroad.

Now Norik and his family are engaged in the agriculture business. He has a large plot of land where he performs his land cultivation. Norik grows potatoes, tomatoes, cucumber and many other vegetables and sells them in to Yerevan fruit and vegetable markets. Norik also has a big barn for animals where he breeds cows and sheep. The profit from animal breeding and land cultivating allows him to sustain his big family and pay for his children's education. He is very happy that he lives and operates in his motherland with his big family.

Norik decided to enlarge his animal breeding business and would like a loan from Kiva lenders to buy two young calves and repair the animal barn.

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
  • 126
    View loans »
    Armenia Loans Fundraising
  • $14,888,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $2,500 helped Norik to buy two young calves and repair the animal barn.
Repayment Term
25 months (Additional Information)
Repayment Schedule
May 2, 2013
Jun 2, 2013
Currency Exchange Loss:
Jul 2, 2013