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Artush G., 37, lives in Tsovagyugh village, Sevan area with his wife and school age children. He has a son and two daughters. Artush has a private mini shop where he trades in miscellaneous goods. He is also engaged in cattle-breeding. Now Artush needs a loan to increase the assortment of goods he sells in his shop: coffee, tea, candy and household goods. His wife doesn’t work and helps her husband in his business and cattle-breeding.

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
  • 169
    View loans »
    Armenia Loans Fundraising
  • $17,141,425
    Funds lent in using Kiva
  • 377.6
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,400 helped Artush to buy coffee, tea, candy and household goods for his shop.
100% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Jan 12, 2010
Jan 15, 2010
Currency Exchange Loss:
Dec 15, 2011