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Nune H. was born in 1971. She lives in Kapan. Nune is married and has two children, both of whom are students.

For about three years Nune has engaged in trading. She rents a place in Kapan market, where she sells tableware, bags, wallets, caps, scarves, small household appliances, etc. She buys merchandise from Yerevan once a month and sells it at her stall in Kapan. She works without free days and thanks to her business she provides part of her family’s needs and pays for her son’s education.

Nune is seeking a $1,400 loan to increase her stall’s assortment. She intends to buy headscarves, umbrellas, bags, wallets and tableware to resell.

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
  • 171
    View loans »
    Armenia Loans Fundraising
  • $17,141,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,400 helped Nune to buy headscarves, umbrellas, bags, wallets and tableware to resell.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Mar 2, 2011
Mar 2, 2011
Currency Exchange Loss:
Jan 15, 2012