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Rudik is 38 years old. He lives in the village of Tsaghkunk, which is in Gegharkunik region. Rudik is married, and he lives with his parents, his wife and theirt two children. His parents are retired. Rudik’s wife has a specialty of nurse but she does not work outside the home; she takes care of their children.

Rudik is a builder, but he has no constant job, and from time to time he hires out to do some construction work in his village and in Sevan city. As Rudik says his work is seasonal, so during autumn and winter months he just stays jobless. This is the period that he fully becomes engaged in farming and agriculture.

He breeds on his farm four cows, four heifers, four calves, sixteen sheep, a horse, and ten lambs. On his plot of land he mainly cultivates potatos and wheat, both for sale. Rudik is not afraid of hard work. All the work around his farm he does nearly alone.

Rudik asks a loan of AMD 1,000 Armenian in order to buy three cows and a lot of animal fodder for coming winter months.

In Nor Horizon, Rudik has paid back already two loans, and he has never been late for it.

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
  • $14,350,650
    Funds lent in using Kiva
  • 405.4
    Armenia Drams (AMD) = $1 USD
A loan of $2,475 helped Rudik to buy three cows and a lot of animal fodder for coming winter months.
Repayment Term
26 months (Additional Information)
Repayment Schedule
Sep 9, 2013
Oct 10, 2013
Currency Exchange Loss:
Nov 9, 2013