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Hasmik A. is 33 years old, married, and has two children. She lives in Ijevan city. Hasmik works at an accounting firm as an accountant. At the same time, she and her husband are engaging in swine breeding and land cultivation, which they run not far from their house. This business enables them to support their family. She and her husband also help Hasmik’s parents, who engage in swine breeding as well, with farming in Sargyugh village.
Hasmik says pig breeding is a profitable business, so she wants to increase her farming. Hasmik is asking for a 750,000 AMD loan to buy three or four pigs and fodder for them.

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.

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About Armenia

  • $6,300
    Average annual income
  • 127
    View loans »
    Armenia Loans Fundraising
  • $16,777,600
    Funds lent in using Kiva
  • 361.8
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,075 helped Hasmik to buy three or four pigs and fodder for them.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Nov 22, 2010
Nov 23, 2010
Currency Exchange Loss:
Jun 26, 2012