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Tamara S. lives in Sevan with her son, daughter-in-law and granddaughter. Tamara has been working in a laundry about 16 years. Three years ago, she opened her own food shop. Now, Tamara wants to sell household goods in her shop, so she is asking for $1.200 loan. With the future income from her loan, she intends to install a heating system in her house.

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
  • 125
    View loans »
    Armenia Loans Fundraising
  • $16,783,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Tamara to sell household goods in her shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Oct 29, 2009
Oct 29, 2009
Currency Exchange Loss:
Oct 15, 2010