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Garik lives in the village Ddmanshen in Gegharkunik region. He is married and has two children. He lives with his mother, wife and children.

His mother works at the local school as a teacher of mathematics. His wife also has a specialty as a teacher, but now she does not work and she takes care of their children. Garik has a higher education as a lawyer and now he works at the municipality as the secretary of the staff. At the same time, Garik is engaged in farming and agriculture. He tends three cows, three calves, two piglets, twelve sheep, forty chickens and ten beehives. He also cultivates potatoes on his plot of land. He sells all of his farm products in fruit markets in his living region.

Garik is not a new client for Nor Horizon and this time he has decided to have a deal with Kiva. He asks a loan of 650,000 Armenian drams since he urgently needs some money for some health treatment.

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
  • 126
    View loans »
    Armenia Loans Fundraising
  • $14,888,900
    Funds lent in using Kiva
  • 405.9
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,625 helped Garik to pay for some health treatment.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Aug 6, 2013
Sep 4, 2013
Currency Exchange Loss:
Sep 17, 2015