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Narine
Narine is 30 years old and lives in Stepanavan city in Lori region. She has a higher pedagogical education. She is a Biologist-Chemist. Now she works at the school as a teacher and she also has nearly 20 pupils, to whom she gives private courses of biology and chemistry. These are mainly the pupils who want to pass an entrance examination for Medical Colleges or Medical State University. Narine likes her pupils very much and every lesson she makes different from the previous one, so that pupils learn quickly and with interest. Narine is not married and she lives with her parents. She asks for this loan since she needs to buy a computer, and also some professional literature, which she needs for the courses for entrance examinations.

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.

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About Armenia

  • $6,400
    Average annual income
  • 105
    View loans »
    Armenia Loans Fundraising
  • $13,536,025
    Funds lent in using Kiva
  • 413.4
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Narine to buy a computer, and also some professional literature, which she needs for the courses for entrance examinations.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 1, 2014
Listed
Apr 29, 2014
Currency Exchange Loss:
Possible
Ended:
Sep 25, 2014