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Khachatur
Khachatur lives in the village of Tandzaver which is in the Syunik region. He has received a specialty of being a hoist man and for several years he has taken part in different building works in his region. Khachatur is married and has a son, who is married and with his family, lives in his paternal home. Khachatur’s wife and daughter-in-law do not work and help him in farming and agriculture. They cultivate beans, greens, tomatoes, and cucumbers. On their farm they breed two cows, two calves, three piglets and twenty chickens. Khachatur also does some hired work at other village farms, which is a small source of income for their family.

Khachatur is asking for a loan as he wants to buy two calves and diesel fuel, and the other part of the loan amount will be spent on harvesting 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.

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About Armenia

  • $6,300
    Average annual income
  • 157
    View loans »
    Armenia Loans Fundraising
  • $13,758,900
    Funds lent in using Kiva
  • 410.7
    Armenia Drams (AMD) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $2,200 helped Khachatur to buy two calves and diesel fuel, and the other part of the loan amount will be spent on harvesting activities.
98% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 21, 2013
Listed
Jul 25, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2015