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Davit
Davit lives in the city of Gavar, which is in Gegharkunik region. Before getting married, for several years Davit was engaged in a trading business in the Russian Federation, but having no success there, he came back to his motherland. Today he is married, and he is the father of two cheerful and clever boys. Here, with his nice wife, he established a small farm, and by the help of farming income he managed to buy a truck. Together with his farming activities, today Davit also transports people in his truck. The farming he manages with his wife; they have a cow, two calves, three piglets and fifteen chickens.

Since their farm is very small, they have decided to enlarge it. Davit asks for a loan in order to buy several cows and a bull. He is more than sure that great success and decent income are awaiting his family.

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

  • $6,400
    Average annual income
  • 86
    View loans »
    Armenia Loans Fundraising
  • $12,655,100
    Funds lent in using Kiva
  • 410.3
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,475 helped Davit to buy several cows and a bull, and he is more than sure that great success and decent income are awaiting his family.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 22, 2013
Listed
Jul 27, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014