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Sargis V. is 51 years old and lives with his wife and a son in Tsakhkunk village, Sevan area.

Sargis is machine-operator and he worked as a mechanization expert for about sixteen years. Now V.’s family is engaged in farming: they have cows, sheep and chickens on their farm and use the profit from their farming activities for their family needs.

Sargis asks for a 600,000 AMD loan to buy a cow and fodder for his farm animals.

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
  • 172
    View loans »
    Armenia Loans Fundraising
  • $17,141,425
    Funds lent in using Kiva
  • 381.4
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,575 helped Sargis to buy a cow and fodder for his farm animals.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Feb 10, 2010
Feb 12, 2010
Currency Exchange Loss:
Feb 15, 2012