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Yeghishe is twenty-six years old. He lives in Ijevan city in the Tavush region. He is married and has a son. Eghishe has vocational education and now he works at a private workshop and also runs a farm with his parents’ help. In his farm he has four pigs, ten bee hives and sixty chickens. He loves his farm and he does all the work connected with the farm with pleasure and care. His father taught him this attitude. The results of his hard work are high quality honey, pork and eggs, which he sells from his house with the help of his mother. Yeghishe says that he has decided to increase the number of pigs he has, as he would like to specialize in swine breeding.

Yeghishe requests a loan of 500,000 Armenian drams in order to buy a new sort of pig, which will in future have piglets, and also fodder for his farm animals.

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
  • 133
    View loans »
    Armenia Loans Fundraising
  • $14,314,150
    Funds lent in using Kiva
  • 413.1
    Armenia Drams (AMD) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,225 helped Yeghishe to buy a pig of a new sort, which will have in future piglets of a new and better sort, and also fodder for his farm animals.
58% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
May 13, 2014
Jun 13, 2014
Currency Exchange Loss: