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Susanna
Susanna is 40 years old, and she lives in Ijevan City. She is married, and she has three sons. Her eldest son is married and lives separately. The second son serves at the army, and the smallest son is still school aged.

Susanna’s husband is in the Russian Federation working abroad. It is already ten years that Susanna has been working as a scrubwoman at a small hotel in Ijevan City. At the same time, Susanna takes care of a disabled woman in her house. For this work she is, of course, paid. So all the time, she is doing her best just to earn enough money, since her husband’s support from abroad is not enough for her family needs.

Susanna asks for a loan of 500.000 Armenian drams. She wants to buy a cheap, small car for her everyday use, because in the district where she lives, public transport does not work.

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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Tags

About Armenia

  • $6,400
    Average annual income
  • 91
    View loans »
    Armenia Loans Fundraising
  • $12,373,675
    Funds lent in using Kiva
  • 406.2
    Armenia Drams (AMD) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,250 helped Susanna to buy a cheap, small car for her everyday use because in the district where she lives, public transport does not work.
65% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 7, 2013
Listed
Sep 16, 2013
Currency Exchange Loss:
Possible