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Update on Naira

Naira is a young, beautiful, clever and highly skilled dentist. She graduated from Yerevan State Medical University's Dental Department. She has had her own dental clinic for 18 years and a lot of loyal clients fully trust their dental health to Naira. Naira is married and she has three daughters. She lives in Kapan with her husband, children and parents-in-law, who are retired.
In her clinic, over the years Naira has bought all needed modern equipment for her work. Now, Naira wants to renew all of it. With the help of her first Kiva loan, she seeks to buy an autoclave for medical tools sterilization. She could not find a better partner than Kiva to support her in business.

Previous Loan Details

Naira is a dentist. She opened her own private dental clinic over 15 years ago. Naira orders all of the necessary medicine and equipment from Yerevan. She is a highly qualified specialist, and her clinic is well respected among the residents of the entire Syunik region. Naira has many patient... More from Naira'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.

To stay updated on loans from Armenia, please join the Armenia lending team at

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
  • 105
    View loans »
    Armenia Loans Fundraising
  • $14,006,425
    Funds lent in using Kiva
  • 417.2
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,400 helped Naira to buy an autoclave for medical tools sterilization.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
May 21, 2013
Jun 24, 2013
Currency Exchange Loss:
Jul 17, 2014