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Davit
Davit is 24 years old and lives in Kapan city in Syunik region. Davit has vocational education. He has worked at the Kapan Mine Enrichment Plant for three years and he does his best in order to help his mother in the care of their family. Davit lives with his mother and brother. His mother has a small business of clothes trading. Davit’s father died two years ago and since then Davit and his mother try to overcome all the hardship that appears every day in their family. Davit’s brother is an invalid and it is a result of a disease, and the care of him, also the treatment activities of his disease are on Davit and his mother’s duty.

Davit asks for a loan, which they greatly need, for the treatment course of his brother. His brother needs treatment regularly and it is already high time of it to start.

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
  • 125
    View loans »
    Armenia Loans Fundraising
  • $14,056,400
    Funds lent in using Kiva
  • 414.6
    Armenia Drams (AMD) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,450 helped Davit to pay for the treatment course of his brother, which he needs regularly and now it is already high time of it to start.
97% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 28, 2014
Listed
Mar 19, 2014
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2015