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Nune
Nune lives in Kapan in the Syunik region. She graduated from Yerevan State Polytechnic Institute, but since she got married she became engaged in taking care of her sons. Since 1997 she has worked as an accountant (she attended some accounting courses) at the school. Now her husband also works at the same school as a physical education teacher. Simultaneously with her work as an accountant, Nune has her own business. She has a shop where she sells a great range of items. Their family income is small, but they manage to provide for their family’s primary needs.

Nune requests a loan of 1.100.000 Armenian drams to buy kitchen and living-room furniture for her flat to make it more comfortable for her nice and small family.

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

  • $6,300
    Average annual income
  • 98
    View loans »
    Armenia Loans Fundraising
  • $13,987,025
    Funds lent in using Kiva
  • 405.0
    Armenia Drams (AMD) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $2,725 helped Nune to buy kitchen and living-room furniture for her flat.
43% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 12, 2013
Listed
Dec 27, 2013
Currency Exchange Loss:
Possible