Check out some available loans that are similar to this one!
Emin
Emin is 29 years old and lives in Vanadzor city in the Lori region. He has a military higher education and now works at one of the Vanadzor military units as a commander. He has all the features of a soldier such as enterprising, precise, and a great sense of patriotism. He has a great reputation among his soldiers and colleagues.

Emin lives in a rented house in Vanadzor, but unfortunately he is apart from his family. His wife and his child live in another city, and once a week Emin visits them. He says that it is very hard for him to live far from his family, and he has a great wish to bring his family to Vanadzor.

Emin is asking for a loan of 1,000,000 AMD since he wants to buy a washing machine and a television in order to make his family’s life more comfortable. He also wants to buy a computer since he does military simulations and needs a computer for this work.

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.

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
  • 117
    View loans »
    Armenia Loans Fundraising
  • $14,056,400
    Funds lent in using Kiva
  • 412.2
    Armenia Drams (AMD) = $1 USD
Expired
A loan of $2,450 helped Emin to buy a washing machine, a television, and a computer.
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 23, 2014
Listed
Feb 17, 2014
Currency Exchange Loss:
Possible
Expired:
Mar 19, 2014