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Artsvik lives with her husband in the village of Artsvanik in the Syunik region. They have three daughters who are married and live separately with their families. Artsvanik has graduated from the college of the food industry and trading in Kapan.

It has already been 13 years that Artsvanik has her own business, in which her husband helps her very much. She has rented a space for her buffet at the Kajaran Copper Molybdenum Combine. For workers of the combine, it is a very close and convenient place to eat something and to have a rest.

Artsvik wants to buy a freezer, meat grinder and crockery for her buffet, and she asks for a loan of 800,000 Armenian drams for that purchase. She wants to provide the workers with fresh and tasty dishes, and she hopes for support and assistance from Kiva lenders.

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
  • 108
    View loans »
    Armenia Loans Fundraising
  • $14,056,400
    Funds lent in using Kiva
  • 417.2
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,925 helped Artsvik to buy a freezer, meat grinder and crockery.
100% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
May 22, 2013
Jun 27, 2013
Currency Exchange Loss:
Mar 17, 2014