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Ivan
Ivan lives in the city of Ijevan, which is in the Tavush region. He lives with his wife, son, daughter-in-law and granddaughter. Ivan’s son works as a computer operator and his wife works at the privet company as a cleaner. Ivan for many years has worked as a driver and it is already 13 years that he has worked as a taxi driver using his own car. He has many loyal customers and all of them like him very much, since, as they say, Ivan is a very attentive driver and kind person.

Ivan is asking for a loan of 500,000 Armenian drams (AMD) to buy car tires for the winter season in order to safely drive his customers.

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

  • $6,400
    Average annual income
  • 177
    View loans »
    Armenia Loans Fundraising
  • $13,240,200
    Funds lent in using Kiva
  • 405.4
    Armenia Drams (AMD) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,250 helped Ivan to buy car tires for the winter season in order to safely drive his customers.
65% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 22, 2013
Listed
Nov 17, 2013
Currency Exchange Loss:
Possible