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Siranush M. lives in Vanadzor city with her mother. She has a higher education in the field of economy.

For many years, Siranush has been running a trading business. She trades in clothes and crockery in her shop in Vanadzor city. She imports crockery from Yerevan and clothes from foreign countries. Siranush’s niece helps her in the business, so some business income goes to Siranush's brother's family.
Siranush is asking for a loan of 1,000,000 AMD from Kiva lenders to import an assortment of 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
  • 172
    View loans »
    Armenia Loans Fundraising
  • $17,141,425
    Funds lent in using Kiva
  • 379.9
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,650 helped Siranush to import an assortment of summer clothes for her business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
May 13, 2010
Jun 1, 2010
Currency Exchange Loss:
Nov 15, 2010