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Nunufar is 50 years old and lives in the village of Goght, which is in the Kotayk region. She is married and has a son. She has never worked and since she got married very early, she and her husband became engaged in farming and agriculture. Now her son has also become a good farmer and they all work together.

They have a very rich orchard and they sell different fruits such as apples, cherries, apricots, nuts, quince, and currants. Their farm cattle are few but they have plans to increase their animals with another cow, a bull, twenty chickens, and twenty-five rabbits. They also have a hay mowing machine and Nunufar’s son works on it gathering hay for their farm cattle. He also drives a taxi and uses that income to increase the family's income.

Nunufar is requesting a loan of 1,000,000 Armenian dram in order to buy two more cows to make their farm richer.

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
  • 125
    View loans »
    Armenia Loans Fundraising
  • $14,072,150
    Funds lent in using Kiva
  • 405.3
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,475 helped Nunufar to buy two more cows to make their farm richer.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Oct 25, 2013
Nov 21, 2013
Currency Exchange Loss:
Jul 17, 2014