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Update on Anahit

Anahit and her nice family lives in Ijevan city. She is married and she has two sons and a daughter. All of them are already married and they live separately with their families, only her elder son with his family lives with them. Anahit’s husband is unemployed since he is disabled. Anahit has higher education in pedagogy and for many years she has worked as a teacher of physics. Today she is retired and she runs her own business. She has a shop of her own and she sells great range of products. The variety of the products is so large (bakery, dairy products, sweets, drinks, cans, different household products etc.), that one can find anything in this shop that he wants. The location of the shop is very good and prices are very good for citizens. Anahit’s son and daughter-in-law help her very much in her business, the income of which is the only and the main source of covering their family needs and expenses.
This is fourth loan with Kiva for Anahit and this time she asks a loan of 1,100,000 Armenian drams to buy sugar, flour and other products for her shop.

Previous Loan Details

Anahit is 60 years old, married, and has three adult children who are already married. Anahit worked at Ijevan High School as a teacher until she retired on a pension. In 2001 she and her husband organized their own business in a rented space. This business consists of food and mixed product sale... More from Anahit's previous loan »

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

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.


About Armenia

  • $6,300
    Average annual income
  • 131
    View loans »
    Armenia Loans Fundraising
  • $14,328,200
    Funds lent in using Kiva
  • 405.9
    Armenia Drams (AMD) = $1 USD
A loan of $2,725 helped Anahit to buy sugar, flour and other products for her shop in order to increase her income.
Repayment Term
26 months (Additional Information)
Repayment Schedule
Aug 6, 2013
Sep 1, 2013
Currency Exchange Loss:
Oct 1, 2013