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Ashot
Ashot is 56 years old, and he lives in the village of Sevkar, which is in the Tavush region. Unmarried, now he lives with his mother and with his brother’s family.

Ashot for many years used to work in the military sphere, but now he is fully engaged in farming. He takes care of his farm cattle with pleasure and with great enthusiasm. In his farm he has six cows, two calves, two piglets, fifteen chickens. He mainly sells milk and eggs, and near to the New Year period he will also manage to sell some meat. He tries to help his brother to earn a living and to take care of family.

Ashot asks a loan of AMD 1,100,000 in order to buy two more cows and also a lot of fodder for 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

  • $6,400
    Average annual income
  • 174
    View loans »
    Armenia Loans Fundraising
  • $13,228,200
    Funds lent in using Kiva
  • 405.3
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,725 helped Ashot to buy two more cows and also a lot of fodder for winter.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 24, 2013
Listed
Nov 20, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014