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Serob
Serob is 54 years old and lives in Aknaghbyur village in the Tavush region. Serob is married and he has a big, nice family. His two daughters are already married and they live separately with their families. His son still lives with Serob and he does different constructional works in their village. Serob and his wife earn their family living through farming and agricultural activities. They have a rich fruit garden full of fig, persimmon and apple trees, and a vegetable garden where they raise tomatoes, greens and beans. They also cultivate wheat, with which they make flour to use both for their family and to sell.

Serob mainly cares for their farm cattle. In his farm he has two cows, three piglets and twenty chickens. Serob says that his wife manages to attract many re-sellers who used to buy from their farm meat, eggs, fruits and vegetables - the costs of which are suitable both for Serob and for buyers. Serob now has plans to make both his farm and fruit garden richer. That is why he asks for a loan of 1,000,000 AMD in order to buy a cow, some animal fodder and also several new layers for his fruit garden.

Additional Information

More information about this loan

This loan is designed for borrowers in rural areas with a special focus on the agribusiness sector in Armenia.

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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Tags

About Armenia

  • $6,300
    Average annual income
  • 100
    View loans »
    Armenia Loans Fundraising
  • $14,006,425
    Funds lent in using Kiva
  • 414.2
    Armenia Drams (AMD) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $2,425 helped Serob to buy a cow, some animal fodder and also several new layers for his fruit garden.
42% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 10, 2014
Listed
Mar 11, 2014
Currency Exchange Loss:
Possible