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Yeranush
Yeranush is an owner of small farm; she has a cow, three bulls and fourteen sheep. She also has a plot of land where she cultivates different vegetables. Yeranush lives in Zovaber village in the Gegharkunik area. She lives with her husband, who is disabled. They have a son who works as a builder and a daughter; she works at the local school as a cook.

Yeranush manages the farming and agriculture alone but sometimes her son helps her. Now Yeranush plans to begin larger-scale potato production and she asks for a Kiva loan of 600,000 Armenian drams to start it. She has taken loans from Nor Horizon already three times and she is a very reliable person.

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
  • 158
    View loans »
    Armenia Loans Fundraising
  • $13,802,050
    Funds lent in using Kiva
  • 417.2
    Armenia Drams (AMD) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,450 helped Yeranush to begin larger-scale potato production.
99% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 14, 2013
Listed
Jun 17, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2015