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Jemma is 48 years old and lives in the village of Tsovagyugh, in the Gegharkunik region. She is married and has a son who has been engaged in farming since he was a school-aged boy. Jemma’s husband is in the Russian Federation and works abroad. Jemma has never worked, but she manages the farm together with her son. After many years of hard and devoted work they own a big and productive farm with ten cows, heifers, eleven bulls, ten calves, and twenty chickens. They also have a large plot of land on which they mainly cultivate potatoes. Jemma sends her farm milk to a very famous company in Armenian dairy products, and the meat her son sells to local butchers. Together with her husband’s occasional help, Jemma’s farm income barely covers the expanses of her family and farm.

Jemma is requesting a loan in order to buy a hay mowing machine; she also plans to buy three cows. She is sure that through Kiva lenders’ support, soon her husband will no longer have to go so far from his family in order to improve their living conditions.

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
  • 121
    View loans »
    Armenia Loans Fundraising
  • $14,377,525
    Funds lent in using Kiva
  • 411.8
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,450 helped Jemma to buy a hay mowing machine and three cows.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Jun 10, 2013
Jul 12, 2013
Currency Exchange Loss:
Sep 17, 2014