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Mher
Mher is 40 years old and he lives with his family in Vanadzor city. He is married and has a small son. For 10 years, Mher has worked as a taxi driver using his own car. He mainly drives to Yerevan-Vanadzor and Vanadzor-Georgia and he has a lot of customers. They prefer to travel such far distances in his taxi since he drives attentively and very carefully.
Mher asks a loan 500.000 Armenian drams to do some repairing on his car since on some parts of his car, metal is seriously damaged.

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
  • 177
    View loans »
    Armenia Loans Fundraising
  • $13,240,200
    Funds lent in using Kiva
  • 412.0
    Armenia Drams (AMD) = $1 USD
Expired
A loan of $1,225 helped Mher to do some repairing on his car since on some parts of his car, metal is seriously damaged.
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 16, 2013
Listed
Sep 11, 2013
Currency Exchange Loss:
Possible
Expired:
Oct 11, 2013