Check out some available loans that are similar to this one!
Loris
Loris is 56 years old, and he lives in Vanadzor city. He is married and has two children, who are grown up and already married. Loris has higher education in engineering. For many years he worked as head of production at a factory, but then it was closed. Since that time, Loris has been engaged in a trading business. His business is in a rented stall at the central wholesale market of Vanadzor. He sells women's clothes: trousers, skirts, dresses and blouses. All these he buys from Yerevan wholesale markets, once a month. His wife helps him greatly in his business.

Loris seeks a loan of 600.000 Armenian drams, to enlarge the assortment of women's clothes he has available for sale, especially the range of women's trousers.

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.

Tags

About Armenia

  • $6,400
    Average annual income
  • 188
    View loans »
    Armenia Loans Fundraising
  • $13,239,150
    Funds lent in using Kiva
  • 406.7
    Armenia Drams (AMD) = $1 USD
Expired
A loan of $1,500 helped Loris to enlarge the assortment of women's clothes he has available for sale, especially the range of women's trousers.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 30, 2013
Listed
Aug 23, 2013
Currency Exchange Loss:
Possible
Expired:
Sep 22, 2013