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Mayis, 49 years old, lives in the city of Vanadzor, located in the Lory region. He lives with his wife and a son; his daughter is already married and lives separately with her family.

Mayis has been a shoemaker for eight years, working in a small booth near their building. He repairs shoes, and all of his clients are very satisfied with his fast and accurate work. He is now requesting a 250.000 AMD loan to buy raw materials (leather, soles, etc.) for his work, and he also intends to start making shoes and selling them right from his booth.

Mayis hopes very much that Kiva lenders will appreciate his efforts and help him to realize his plans.

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
  • 410.0
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Mayis to buy raw materials for his business and to start making shoes to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jun 27, 2013
Jul 30, 2013
Currency Exchange Loss:
Jul 17, 2014