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Nonna is a nice 30-year-old lady who lives in Kapan city in the Syunik region. She graduated from Kapan State Architectural University and for three years, she worked at the school as a teacher of Armenian Language and Literature. Since 2005, she has been working at the local TV channel as a journalist. Nonna lives alone, since her parents are still in the village of Artsvanik where she was born.

Nonna is asking for a loan of 500.000 Armenian drams in order to buy a computer, since she needs it for her work. As she says, she must always be aware of all the news in any corner of the world.

Additional Information

More information about this loan

This loan is helping support a borrower who is under age 30. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources

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
  • 135
    View loans »
    Armenia Loans Fundraising
  • $14,314,150
    Funds lent in using Kiva
  • 404.9
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Nonna to buy a computer.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Dec 18, 2013
Dec 30, 2013
Currency Exchange Loss:
Oct 17, 2014