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Yeghishe is 53 years old and lives in Kapan City. Yeghishe has worked as a driver for many years. He is married and he has two sons. His elder son is married and lives separately. His second son lives with them and he is a taxi driver. Yeghishe’s wife works at the Water and Sewerage Company. She is the head of the laboratory. Even though all of Yeghishe’s family members are employed, their family income is not enough to complete the furnishing of their house after some repairing. Yeghishe asks for a loan of 500,000 Armenian drams to buy some furniture for his guest room.

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.

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About Armenia

  • $6,300
    Average annual income
  • 126
    View loans »
    Armenia Loans Fundraising
  • $14,888,900
    Funds lent in using Kiva
  • 405.9
    Armenia Drams (AMD) = $1 USD
A loan of $1,250 helped Yeghishe to buy some furniture for his guest room.
Repayment Term
20 months (Additional Information)
Repayment Schedule
Aug 5, 2013
Sep 1, 2013
Currency Exchange Loss:
Oct 1, 2013