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Edgar is 32 years old and he lives in Kapan city with his mother. Edgar, after returning from the army, works at the Copper Molybdenum Combine as a locksmith. Edgar’s life turned to be very hard and tiring; his father died last year, Edgar’s mother is seriously sick and she is not able to take care of herself. The difficulties are so many that Edgar can do nothing, but to be patient in order to be able to overcome these barriers that the life has prepared for him and his family.
Edgar’s salary is very small and he asks a loan of 600.000 Armenian drams in order to finish the work of his father’s burial site(including a gravestone).

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
  • 121
    View loans »
    Armenia Loans Fundraising
  • $14,377,525
    Funds lent in using Kiva
  • 406.4
    Armenia Drams (AMD) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,500 helped Edgar to finish the work of his father’s burial site.
74% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Sep 26, 2013
Nov 1, 2013
Currency Exchange Loss: