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Susanna
Susanna and her retired husband live in the village of Agarak in the Syunik region. They have two daughters and a son; all are married and live abroad with their families.

Susanna for many years has worked as a saleswoman, and now she has her own clothes business. She rents a space in Kapan city where she sells mainly children clothes. Her stall assortment is very great and colorful, and both parents and their children like Susanna’s stall very much.

She asks a loan of AMD 1,000,000 in order to buy a new warm-clothes collection for winter.

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
  • 89
    View loans »
    Armenia Loans Fundraising
  • $12,418,775
    Funds lent in using Kiva
  • 407.7
    Armenia Drams (AMD) = $1 USD
Expired
A loan of $2,475 helped Susanna to buy a new warm-clothes collection for winter.
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 23, 2013
Listed
Oct 23, 2013
Currency Exchange Loss:
Possible
Expired:
Nov 22, 2013