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Avetik is young farmer, aged 27. He lives with his parents in the city of Gavar, which is in Gegharkuni region. After having passed his military service, for several years Avetik did construction work in the Russian Federation. Two years ago, he came back to his native city and became engaged in farming, together with his father. At the same time, he continued to do construction work, by order.

On their farm, they keep two cows, two bulls, thirty sheep, and two piglets. Avetik’s mother perfectly makes cheese, butter, and macun (Armenian national dairy product) from milk, which she sells right from their house. Avetik says that since they all work together, all difficulties and problems of farming are solved easily and cleverly.

Avetik plans to buy several lambs, a cow, and a lot of animal fodder. He will be very grateful, if support from Kiva lenders will enlarge his income and give him new ideas of farming for the future.

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
  • 125
    View loans »
    Armenia Loans Fundraising
  • $14,056,400
    Funds lent in using Kiva
  • 410.2
    Armenia Drams (AMD) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $2,200 helped Avetik to buy several lambs, a cow, and a lot of animal fodder.
78% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Jun 18, 2013
Jul 22, 2013
Currency Exchange Loss: