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Satenik is 32 years old and she lives with her family in the village of Gosh, which is in the Tavush region. Satenik is married and has three daughters. Her husband at this moment is working abroad in the Russian Federation. Satenik has graduated from the state university of Ijevan from the department of history. Now she works as a teacher at the local school. Despite being alone, she manages farming and agricultural activities. She cultivates beans and corn. She breeds two cows and 20 chickens. Satenik is a hardworking woman. She asks for a loan of 600,000 AMD and hopes to receive Kiva lenders' support in order to buy several piglets and some animal fodder. She already has a good credit history in Nor Horizon; she has never been late on her loan payments.

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
  • 127
    View loans »
    Armenia Loans Fundraising
  • $14,869,400
    Funds lent in using Kiva
  • 409.6
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,475 helped Satenik to buy several piglets and some animal fodder.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Aug 23, 2013
Sep 19, 2013
Currency Exchange Loss:
Dec 17, 2014