Check out some available loans that are similar to this one!
Voskan
Voskan lives in the village of Dsegh in the Lori region. He is married and has two children. His son is on military service and his daughter is still school-aged. Voskan's wife is unemployed and together with her husband she is engaged in farming. They have a small, cute farm where they breed a cow, a calf, two piglets, and twenty chickens. In addition to farming, Voskan works at their village forestry as a keeper. Voskan’s wife manages to sell some milk and eggs to villagers and the rest they keep for their own use. With his two jobs Voskan hardly manages to cover his family and farm needs and provide minimum living conditions for his children.

Voskan is thinking of a new business: he wants to sell beef and pork to the Vanadzor butchers. For this he needs a loan of 800,000 Armenian drams to buy several bulls and start his new business.

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

  • $6,300
    Average annual income
  • 125
    View loans »
    Armenia Loans Fundraising
  • $14,072,150
    Funds lent in using Kiva
  • 410.3
    Armenia Drams (AMD) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,950 helped Voskan to buy several bulls and start his new business which will bring him a good profit.
99% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2013
Listed
Jul 24, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015