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Mayranush S. lives in Sevan city. She is 46 years old. She lives with her husband and three sons. Mayranush is a commodity expert, but she worked as a cook for about five years and then as a shop assistant. In 2002, she organized her own business. Mayranush's business consists of clothes trading, which she manages in a rented place at Sevan Fair. Mayranush has borrowed eight loans from Nor Horizon and now she is asking for a 1,000,000 AMD loan to buy spring and summer clothes for her business.

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
  • $16,733,225
    Funds lent in using Kiva
  • 405.0
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,475 helped Mayranush to buy spring and summer clothes for her business.
100% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Apr 14, 2010
May 1, 2010
Currency Exchange Loss:
Aug 16, 2012