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Misha is 26 years old and he lives with his family and parents in Tsovazard village which is in Gegharkunik region. Misha is married and has a one-year-old son. His wife is a dental technician, but now she does not work, since she is taking care of their son. Misha’s mother is retired and his father is in the Russian Federation working abroad.

Misha has no higher education. For several years he worked at the local lemonade factory as a worker. Now he is unemployed but he is engaged in agriculture and farming. He has a private plot of land and he keeps three cows, one bull, three calves, six pigs and ten piglets. Misha’s mother helps him a lot with the agricultural work. She gives good advice on how to choose plants and cultivate different vegetables and fruits.

Misha is asking for a loan of 1.000.000 Armenian drams to buy a hay mowing machine. He hopes very much that Kiva lenders will support him to develop his agricultural activities.

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
  • 128
    View loans »
    Armenia Loans Fundraising
  • $14,869,400
    Funds lent in using Kiva
  • 417.2
    Armenia Drams (AMD) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $2,400 helped Misha to buy a hay mowing machine.
95% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
May 8, 2013
Jun 10, 2013
Currency Exchange Loss: