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Vahe A. is 33 years old, and was born in Yerevan. He has graduated from the State Engineering University of Armenia, Machine Building Economy Department. After graduation he worked in a hothouse as an economist. Vahe is married and his wife is a manager in a travel agency.

Six years ago he began his business, which consists of adornment production of precious metals. He rents a place in a jewelry trade market. Vahe needs $3,000 to fulfill an order for one of his clients, a set of jewelry which contains a ring, earrings and a bangle.

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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About Armenia

  • $6,300
    Average annual income
  • 175
    View loans »
    Armenia Loans Fundraising
  • $17,141,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Vahe making a set of jewelry, which contains a ring, earrings and a bangle.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Aug 28, 2009
Sep 9, 2009
Currency Exchange Loss:
Sep 17, 2011