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Romik is 35 years old. He lives in the frontier village of Zangakatun, which is in theArarat region. Romik has graduated from Yerevan State Agricultural Academy, and after serving in the arm, he got married. He has a son and a daughter.

Romik works as a cashier, and at the same time he is engaged in farming and agriculture. He has a cow, a calf, and 30 chickens. He also is seriously engaged in apple-orchard cultivation, and he manages to sell the harvest at the local wholesale market. His family income also reflects his beekeeping activities and pure honey that his bees make.

Romik asks a loan of AMD 1,100,000 in order to buy several beehives and piglets and develop his farming and income from 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
  • 133
    View loans »
    Armenia Loans Fundraising
  • $14,314,150
    Funds lent in using Kiva
  • 406.4
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,725 helped Romik to buy several beehives and piglets and develop his farming.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Sep 25, 2013
Oct 25, 2013
Currency Exchange Loss:
May 18, 2014