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Shushik
Shushik is a nice lady and a mother of two children; her son is 17 years old and her daughter is 16 years old. They live in the city of Stepanavan, which is in the Lori region. Shushik’s husband now is working in the Russian Federation and she alone manages both to take care of their children and work as a computer operator. Shushik has graduated Vanadzor State University, Finances and Government Department. Shushik also from time to time conducts accountancy of different companies.

Shushik asks a loan of 650,000 Armenian drams in order to buy a computer and some accessories connected with it, such as tables and chairs, since she thinks to organize paid courses of accountancy.

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 http://www.kiva.org/team/armenia.

Tags

About Armenia

  • $6,400
    Average annual income
  • 85
    View loans »
    Armenia Loans Fundraising
  • $12,655,100
    Funds lent in using Kiva
  • 410.8
    Armenia Drams (AMD) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,600 helped Shushik to buy computer, tables and chairs to organize paid courses of accountancy.
70% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 21, 2013
Listed
Sep 16, 2013
Currency Exchange Loss:
Possible