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Gegham is 36 years old and he lives in the village Zovaber which is in Gegharkunik region. He is married and he has two children. Together with his wife he is engaged in farming. In their small farm they have four sheep and three lambs, but this is not the only occupation that Gegham is engaged in to earn his family’s living.

All over the Gegharkunik region Gegham drives in his own car and collects the hides of cattle that have been slaughtered and he resells them. In this way Gegham increases his family’s income.

Now Gegham is asking for a loan in the amount of 1,000,000 Armenian drams in order to buy more leather to resell.

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
  • 140
    View loans »
    Armenia Loans Fundraising
  • $14,433,975
    Funds lent in using Kiva
  • 405.4
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,475 helped Gegham to buy more leather and then re-sell it.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Oct 22, 2013
Nov 17, 2013
Currency Exchange Loss:
Aug 17, 2014