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Update on Gohar

Gohar is acquainted with Kiva lenders since she has already previously taken a loan and she knows that she can fully trust and expect support from Kiva.

She has a farm, which was enriched through the help of her first loan with twenty-five sheep, which were added to the fifteen sheep that she used to have before. Like last year, Gohar’s occupation is still sheep breeding and her farm is very well known around the village Ghghamvan in the Sevan area where she lives. Sheep breeding gives her an opportunity to sell some meat and cheese that she makes herself, which brings not big but nevertheless some income to her family.

Gohar is married and she has two sons. The eldest is a student of paid division and the second one is still school-aged. It is obvious that the financial needs in this family are a lot and Gohar tries to solve them somehow.

Gohar is asking for a loan of 1.000.000 Armenian drams in order to buy twenty sheep and to repair the barn by making it bigger and warmer for the coming winter cold months.

Previous Loan Details

Gohar S. is 33 years old. She lives in Geghamavan village, Sevan area. Gohar is married and has two sons: one of them studies at the State Engineering University in Yerevan, and second one goes to school in Geghamavan village. Gohar and her husband have engaged in sheep breeding for a long ti... More from Gohar's previous loan »

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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Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.


About Armenia

  • $6,300
    Average annual income
  • 125
    View loans »
    Armenia Loans Fundraising
  • $14,072,150
    Funds lent in using Kiva
  • 417.2
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,400 helped Gohar to buy twenty sheep and to do repair work of the animal barn.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
May 17, 2013
Jun 20, 2013
Currency Exchange Loss:
Jul 17, 2014