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Tigran and his family live in the village Tsovazard which is in the Gavar area. Tigran is married and has two children. His wife is unemployed, and she takes care of their sons. For several years, Tigran worked abroad in the Russian Federation where he engaged in building and reconstructing work. During that time, he was working hard to support his family financially, but being so far from his family was very difficult for him so he came back and he and his wife became engaged in farming together. They have two cows, two bulls, two heifers, two calves, eight sheep, and two pigs. Tigran plans to begin selling a lot of dairy products from their house so he needs to increase the number of cattle on his farm.
He asks for a loan of 900,000 Armenian drams to buy several calves and fodder for his animals. He will be very grateful to Kiva lenders if they are willing to support him.

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.

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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
A loan of $2,175 helped Tigran to buy several calves and fodder for his animals.
Repayment Term
32 months (Additional Information)
Repayment Schedule
May 30, 2013
Jun 29, 2013
Currency Exchange Loss:
Jul 29, 2013