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Artur lives in Vanadzor city with his wife and three children (a son and two daughters). Artur has studied at the Polytechnic Institute in the department of Light Industry Technology.

Today Artur is engaged in a food trading business: in a rented car, he provides cheese to the city food markets. He provides tasty, fresh and various assorted cheeses. He buys it from the different dairy product workshops once a week. He mentions that this business is a very profitable one, and among our nation the cheese from dairy products are the most popular ones and he always has a lot of orders. But, nevertheless, the assortment of cheese that he provides is not very large, so he asks a loan of 300,000 Armenian drams in order to enlarge it and his business income as well.

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
  • 135
    View loans »
    Armenia Loans Fundraising
  • $14,314,150
    Funds lent in using Kiva
  • 406.7
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Artur to enlarge cheese assortment.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Jul 30, 2013
Aug 23, 2013
Currency Exchange Loss:
Sep 17, 2014