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Erik is 33 years old, and he lives in Kapan city, which is in the Syunik region. Erik lives with his parents and his brother. He works as a grinder and because of his cut work, he is a famous master in his region. Erik’s father is a builder, and very often they work together on one and the same building’s construction. His mother is a housewife and his brother is engaged in farming. Erik is still not married, but he has a very nice girlfriend to whom he has made a proposal, and now she is ready to be his bride.

Erik asks a loan of 800,000 Armenian drams, which together with his savings, will help him to organize his wedding party.

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
  • 104
    View loans »
    Armenia Loans Fundraising
  • $14,006,425
    Funds lent in using Kiva
  • 404.6
    Armenia Drams (AMD) = $1 USD
A loan of $2,000 helped Erik to organize his wedding party.
Repayment Term
38 months (Additional Information)
Repayment Schedule
Nov 11, 2013
Nov 29, 2013
Currency Exchange Loss:
Jan 28, 2014