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Anzhela K. is a widow and she lives in Sevan with her daughter-in-law and two grandchildren. Her son lives and works in Russia.

For about eight years Anzhela worked as a brigade-leader, then as a shop assistant, after which she was engaged in cloth trading. Now she is renting a small shop, where she sells food.

Anzhela has been a client of “Nor Horizon” for many years, but this loan is the first to support her new business. With the profits from her business, she provides her family needs. She requests a 1,100,000 AMD loan to increase the confectionery assortment of her shop.

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
  • 157
    View loans »
    Armenia Loans Fundraising
  • $15,809,675
    Funds lent in using Kiva
  • 384.5
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,875 helped Anzhela to increase the confectionery assortment of her shop.
100% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Mar 4, 2010
Mar 10, 2010
Currency Exchange Loss:
Oct 15, 2012