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Arayik is 31 years old and he lives in the village Avshar which is in Ararat region. Arayik is married and he has two children. In his native village Arayik lives with his wife, children and parents. His father works as a driver, his mother is a baker.

Arayik works as a gardener and the only person who is not employed outside the home is his wife, who takes care of their children and their house. Besides his work Arayik is engaged in farming and agriculture and all his family members help him in it. In their farm they have a cow, three piglets and twenty chickens. Their fruit garden is just unbelievably beautiful and bright and it is colored by the harvest of apple trees, pomegranate trees and plums.

Arayik also cultivates wheat on his plot of land. Since his family is big and problems are a lot without farming income, it would be impossible to live on his salary. So through the farming Arayik perfectly provides his family.

He is asking for a loan of 600,000 Armenian drams in order to buy a lot of animal fodder for winter and also some wheat seeds.

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
  • 126
    View loans »
    Armenia Loans Fundraising
  • $14,888,900
    Funds lent in using Kiva
  • 405.8
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Arayik to buy a lot of animal fodder for winter and also some wheat seeds.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Oct 1, 2013
Nov 4, 2013
Currency Exchange Loss:
May 17, 2015