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Koryun M. is engaged in cattle breeding. He raises cows and calves on his farm. He likes his occupation very much, and his wife helps him in farming. Thereby they keep their family and were able to develop their farm, which they have run since 2002.

Along with farming, Koryun and his wife have their regular work. Koryun works at Lchashen village's administration, and his wife works as a teacher.

Koryun seeks a 1,000,000 AMD loan to buy four cows for his farm, which will help him increase his family’s future income. Koryun is 50 years old, and he lives in Lchashen village, Sevan area.

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
  • 130
    View loans »
    Armenia Loans Fundraising
  • $16,799,550
    Funds lent in using Kiva
  • 365.3
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,750 helped Koryun to buy four cows for his farm.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Feb 4, 2011
Feb 4, 2011
Currency Exchange Loss:
Mar 15, 2013