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Davit is 24 years old, and he lives in the village of Vazashen, which is in Tavush region. Davit lives with his wife, small daughter (9 months old) and parents. His father is disabled and retired, and the only person that helps Davit around their farm is his mother. His mother also works both at the local school as a deputy director, and as an Armenian history teacher at the church.

Davit is engaged in farming, including keeping 15 piglets and 12 chickens, at present. The profits from farming have helped him very much, to cover the expenses of his marriage party and of buying furniture for their house. Davit manages swine breeding, and he wants to try his luck in beekeeping with the hope of increasing the family's income. That is why he asks a loan of 600,000 Armenian drams, which he will use to buy a lot of fodder for piglets and five beehives. This is Davit’s first deal with Kiva lenders, but his mother has already once taken a loan from Nor Horizon. His mother paid back her loan without any delays, so his mother is a perfect example for him of being responsible and punctual.

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
  • 160
    View loans »
    Armenia Loans Fundraising
  • $14,925,275
    Funds lent in using Kiva
  • 417.2
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,450 helped Davit to buy a lot of fodder for piglets, and five beehives.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
May 23, 2013
Jun 28, 2013
Currency Exchange Loss:
Jun 17, 2015