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Update on Kamo

Kamo is already taking his second loan from Kiva. He lives in the village of Tandzaver in the Sunikskiy region with his wife and his son. His daughter is married and she lives with her family. Kamo’s son has already graduated from college and he now greatly helps his father in farming. Kamo together with farming simultaneously works as forester and at the television station as a man of duty. Kamo owns a plot of land where he grows mainly fruits and vegetables. He also breeds large horned cattle and chickens. Kamo’s wife now is unemployed, but she used to work as a librarian at their village and she also helped her husband to sell vegetables and fruit of their farm, but now she has problems connected with her heart and the doctor directed urgent heart surgery.

Kamo asks a loan of 1,100,000 Armenian drams (AMD) in order to pay for his wife’s heart operation.

Previous Loan Details

Kamo was born in 1962 in the village of Tandzaver in the Sunikskiy region. After graduating from secondary school he enrolled in the Kapan college of civil engineering. At this time Kamo works in the Kapan forestry. Kamo is married and has two children - a son and a daughter. His son is 21 yea... More from Kamo's previous loan »

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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Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.


About Armenia

  • $6,300
    Average annual income
  • 121
    View loans »
    Armenia Loans Fundraising
  • $14,377,525
    Funds lent in using Kiva
  • 404.9
    Armenia Drams (AMD) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $2,725 helped Kamo to pay for his wife’s heart heart operation fees.
49% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Dec 10, 2013
Dec 25, 2013
Currency Exchange Loss: