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Ashkhen
Ashkhen with her nice family lives in Gavar city, which is in the Gegharkunik region. She is 39 years old, and she has a son and a daughter. Her son is school-aged, and her daughter studies at the Gavar State University with the faculty of History. Askhen’s husband is in the Russian Federation as a foreign worker.

Despite having a specialty of pediatrician, Ashkhen is fully engaged in farming. In her farm she has two cows, a bull, and four calves. She sells milk and meat from her house. Her husband from time to time sends some money that he has managed to save, and together with her farming income Ashkhen takes care of her children and the farm.

She asks a loan of AMD 500,000 to buy a lot of animal fodder so her farm cattle can pass the 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

  • $6,300
    Average annual income
  • 91
    View loans »
    Armenia Loans Fundraising
  • $14,006,425
    Funds lent in using Kiva
  • 405.8
    Armenia Drams (AMD) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,250 helped Ashkhen to buy a lot of animal fodder, so her farm cattle can pass the winter.
85% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 7, 2013
Listed
Nov 5, 2013
Currency Exchange Loss:
Possible