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Susan
Susan is 59 years old and she lives in the city of Vanadzor in Lori region. She has four children: three of them are married and live separately with their families. Susan’s husband died many years ago. Now she lives with her youngest school-aged daughter and her retired mother, who is 93 years old and was a participant in the Great Patriotic War.

Susan graduated from Vanadzor State Pedagogical Institute with a degree in aesthetics, and she is currently a deputy director at the school. She is a very clever and wise woman, and she does her work with great care and responsibility.

Susan is asking for a loan of 500,000 Armenian drams in order to buy a computer and some literature about teaching methodology and techniques.

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
  • 404.9
    Armenia Drams (AMD) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,250 helped Susan to buy a computer and some literature about teaching methodology and techniques.
74% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 16, 2013
Listed
Dec 28, 2013
Currency Exchange Loss:
Possible