Funded

Total loan: $2,750
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Galust

Armenia
Sevan, Armenia / Auto Repair

A loan of $2,750 helped to buy a crashed car.


Galust's story

43-year-old Galust S. lives in Ddmashen village, near Sevan. He is married and has 3 children. Galust’s elder daughter and his son are students, and his younger daughter is a schoolgirl.

Galust is a motor mechanic who has had his own garage for 22 years. He buys crashed cars, then repairs and sells them. He currently needs a loan of 1,000,000 AMD to buy a crashed car.

With the income he will make from fixing it up and selling it, Galust intends to pay for his children’s education. This is Galust’s fifth loan from Nor Horizon and second loan from Kiva. Galust spent his first Kiva loan to buy a crashed car, plus materials and tools for auto repair.



Loan details

Loan length:

32 months
Disbursed date: March 7, 2011
Facilitated by Field Partner: Nor Horizon Universal Credit Organization Limited Liability Company

Lenders and lending teams



Loan details

Loan length:

32 months
Disbursed date: March 7, 2011
Facilitated by Field Partner: Nor Horizon Universal Credit Organization Limited Liability Company