Check out other loans that are currently fundraising!
Artashes
Over several years of hard work, Artashes owns a beautiful farm near a small town of Spitak, which is in Vanadzor area. He is engaged in swine breeding and he keeps his farm animals in the barn located near the city. Artashes has three workers who help him around the farm. He also sells pigs and meat to meat production centers and to his loyal customers over the city. Artashes has higher education; he has graduated Yerevan State Agricultural Institute the Department of Veterinary. For many years, he has worked in his specialty. Artashes lives with his wife and two children who are already students. Artashes has decided to buy eighty-six piglets and a lot of fodder; he needs a loan of 800,000 Armenian drams. He has great plans connected with his farm and he hopes that this deal with Kiva will be a kind of stimuli for future cooperation.

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

  • $6,400
    Average annual income
  • 180
    View loans »
    Armenia Loans Fundraising
  • $13,239,150
    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 $1,925 helped Artashes to buy some piglets and fodder for his animals.
97% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 20, 2013
Listed
Jun 23, 2013
Currency Exchange Loss:
Possible