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Arevik
Arevik lives in Ijevan City in the Tavush region. Arevik is 46 years old and since a very young age, she has been engaged in farming; first with her parents and now with her husband and two sons. Her husband is a very skilled farmer, but from time to time, he goes to the Russian Federation in order to earn more money and stays there for five or six months. During this period, Arevik’s sons greatly helps her in farming and agricultural activities. In her farm, Arevik is mainly involved in swine breeding and poultry (5 piglets and 30 chickens). They also cultivate a plot of land, the harvest of which is mainly used for their family. They only sell milk and eggs from their farm. Arevik wants to become more skilled in swine breeding as well as being able to sell more meat than now. She is asking a loan to purchase animal fodder for her piglets, in order to keep them well fed and prepared for sale.

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

  • $6,400
    Average annual income
  • 125
    View loans »
    Armenia Loans Fundraising
  • $12,892,725
    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 $1,225 helped Arevik to purchase animal fodder for her piglets in order to keep them well fed and prepared for sale.
48% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 18, 2014
Listed
Mar 15, 2014
Currency Exchange Loss:
Possible