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Nune is 40 years old, and she lives in the village Sevaqar with her husband and three sons. Nune has graduated from Kapan Medical College, and she has learned the skills of a nurse, but she has never worked in the field. It has been nearly 20 years that she and her husband have been engaged in farming and agriculture. They own a very nice, cute house and a plot of land, where they cultivate tomatoes, beans, cucumbers and greens. They have an animal barn, where they keep two pigs and five piglets. They also have 60 beehives.

All around their farm, they work together with love and joy. They have a lot to do, but they say that together, they overcome any hard work so any achievement comes to be a kind of reward for their efforts and hard work.

Nune and her husband want to enlarge their farm with cattle, so they asked for a loan of 1,100,000 Armenian drams for the purchase of two bulls, wax papers and frames for their beehives and also some animal fodder for the winter months.

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
  • 140
    View loans »
    Armenia Loans Fundraising
  • $14,433,975
    Funds lent in using Kiva
  • 417.2
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,650 helped Nune to buy two bulls, wax papers and frames for the beehives and also some fodder for the animals.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
May 29, 2013
Jun 29, 2013
Currency Exchange Loss:
Jul 17, 2014