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Suren lives with his big family in the village of Aygehovit in the Tavush region. For 15 years, Suren has worked in the Tavush region as a policeman. He also owns a farm and productive fruit garden and also cultivates a great variety of vegetables. On his farm, Suren has a breeding cow, a calf, two piglets and 30 chickens. Suren’s family members greatly help him run the farm. His father and mother help him with land cultivation, his wife takes care of the farm cattle and sells eggs and dairy products such as milk, cheese, and macun (Armenian national dairy-product). Suren is a very clever and skilled farmer and every season he manages to have a good harvest of persimmon, apples of different varieties, and plums to sell.
Suren also wants to develop his swine breeding and this loan would help him buy several piglets and fodder for his farm cattle. He sends his greetings and hopes for support from Kiva lenders.

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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About Armenia

  • $6,300
    Average annual income
  • 112
    View loans »
    Armenia Loans Fundraising
  • $14,056,400
    Funds lent in using Kiva
  • 413.7
    Armenia Drams (AMD) = $1 USD
A loan of $1,225 helped Suren to buy several piglets and fodder for farm cattle.
Repayment Term
26 months (Additional Information)
Repayment Schedule
Apr 10, 2014
May 8, 2014
Currency Exchange Loss:
Jun 7, 2014