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Aida
Aida and her nice family live in the village of Nerkin Hand which is in Syunik region of Armenia. She is married and has a daughter, who is already a student at Yerevan State University. Aida has been a manager, but for many years she has worked at their village library as a librarian. Her husband works in the village administration. Together they are also engaged in agriculture and farming, which occasionally provides a good income for their family. They have ten bee hives, two cows, three piglets and twenty chickens. They also cultivate some vegetables, but only for their private needs.

This is Aida’s first deal with Kiva. She needs this loan to buy diesel fuel and fodder for her animals, as well as to have machinery repaired in order to be ready for autumn harvest activities.

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.

To stay updated on loans from Armenia, please join the Armenia lending team at http://www.kiva.org/team/armenia.

About Armenia

  • $6,400
    Average annual income
  • 173
    View loans »
    Armenia Loans Fundraising
  • $13,228,200
    Funds lent in using Kiva
  • 411.8
    Armenia Drams (AMD) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,475 helped Aida to buy diesel fuel and fodder, and to have machinery repaired.
97% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 10, 2013
Listed
Jul 12, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 18, 2015