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Masis
Masis is 33 years old. He lives in Kapan city in Syunik region. He is married and he lives with his parents, his wife and his two children. His parents are retired and now Masis is the only bread-winner in his family.

For 5 years Masis worked as a contractual military serviceman, but after getting married he established his own small business which till today gives him the chance to earn more money for his family. He does domestic appliance repair works in a small garage near his house. He has loyal customers thanks to whom he sustains his family.

Masis is rather worried since lately his mother feels unhealthy and weak. He wants to bring her to Yerevan city and with the help of doctors to find the reason why his mother feels so ill.

Massis asks for a loan of 300,000 Armenian drams in order to pay for a good medical examination for his mother and if needed, to start some course of treatment.

Additional Information

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
  • 109
    View loans »
    Armenia Loans Fundraising
  • $12,432,975
    Funds lent in using Kiva
  • 414.9
    Armenia Drams (AMD) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $725 helped Masis to pay for a good medical examination for his mother and if needed, to start a course of treatment.
58% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 21, 2014
Listed
Apr 6, 2014
Currency Exchange Loss:
Possible