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Meri
Meri lives in the village of Mec Parni in the Lori region. She is 33 years old. Meri is married and she has two school-aged children. Her husband at this moment is in the Russian Federation. From there, he supports his family financially, while Meri in the village works and runs a farming and agriculture business. Meri graduated from Vanadzor Medical College as a pediatrician. Now she works at the city hospital as a nurse. Simultaneously with her beloved work, she runs the farm. On her farm, she takes care of three cows and two calves. From her plot of land, she gathers a perfect harvest of potatoes, which re-sellers buy right from her house. As Meri says, she is happy in her sunny village with her family and cute farm, but she dreams of making it richer.

She is asking for a loan of 600.000 Armenian drams in order to buy several beehives and some tools for working with the hives. She wants to have pure and healing honey from her farm, which will be very useful both for her children and profitable to sell as well.

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.

To stay updated on loans from Armenia, please join the Armenia lending team at http://www.kiva.org/team/armenia.

Tags

About Armenia

  • $6,300
    Average annual income
  • 158
    View loans »
    Armenia Loans Fundraising
  • $13,802,050
    Funds lent in using Kiva
  • 407.4
    Armenia Drams (AMD) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,475 helped Meri to buy several beehives and beekeeping tools.
50% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 1, 2014
Listed
Jul 14, 2014
Currency Exchange Loss:
Possible