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Andranik is 47 years old and lives with his family in Yerevan city. He is married and has three daughters. Andranik works as a security officer. His wife works at the college as a teacher of Armenian Language and Literature. Two of their daughters are already students and the smallest is still school-aged.

Andranik’s elder daughter studies at the Yerevan State University at the faculty of Economy and Government in a paid division. Andranik requests a loan of 500,000 Armenian drams in order to pay for his elder daughter’s tuition fee.

Additional Information

More information about this loan

This loan is part of NorHorizon's education program, designed to finance school tuition for students whose families have low incomes or work in informal sectors of the economy. Funds can be used for partial or complete payment of expenses related to higher education. By supporting this loan, you're enabling access to education for students with limited options. 

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
  • 125
    View loans »
    Armenia Loans Fundraising
  • $14,377,525
    Funds lent in using Kiva
  • 405.8
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Andranik to pay for his elder daughter’s tuition fee.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Oct 1, 2013
Nov 4, 2013
Currency Exchange Loss:
Aug 17, 2015