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Tigran
Tigran lives in Kadjaran city, which is in the Syunik region. He is married and has a large family. He lives with his wife and four daughters.

Tigran used to be engaged in farming and agriculture when he lived in the village of Svaranc, but after moving to Kajaran he began working at the rescue squad as a redeemer. Tigran is the only bread-winner in his family, since his wife does not work and she takes care of their school-aged children and the house.

Tigran asks a loan of 300,000 Armenian drams to buy the needed school clothes and some stationery for his daughters for the coming school year.

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
  • 187
    View loans »
    Armenia Loans Fundraising
  • $13,239,150
    Funds lent in using Kiva
  • 409.6
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Tigran to buy the needed school clothes and some stationery for his daughters for the coming school year.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 28, 2013
Listed
Sep 19, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014