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Igor is 35 years old. He is married and has two children (a daughter and a son). He has a higher education in ecology, but now he is engaged in farming and agriculture.

In his farm he is raising six cows, five heifers. Igor’s father, who simultaneously works as the chief veterinarian of their village, helps him greatly. They also cultivate some vegetables for their family use. Some part of hay for his farm cattle Igor buys from the villagers and the other part he mows himself. Igor has many plans connected with the enlargement of both his farm and farm cattle. He plans to build a barn for the cattle.

He asks a loan of 800,000 Armenian drams to start the building activities in order keep his farm cattle safe during winter months.

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
  • 92
    View loans »
    Armenia Loans Fundraising
  • $14,006,425
    Funds lent in using Kiva
  • 406.1
    Armenia Drams (AMD) = $1 USD
A loan of $1,975 helped Igor to start the building activities in order keep his farm cattle safe during winter months.
Repayment Term
38 months (Additional Information)
Repayment Schedule
Aug 5, 2013
Aug 30, 2013
Currency Exchange Loss:
Sep 29, 2013