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Fifty-one-year-old Anahit G., who lives in the city of Vanador, has been selling women’s clothes for over 14 years. Purchasing clothes from Yerevan and Turkey, she resells them in the Vanadzor clothes market where she rents a stall. Now requesting her 12th loan for 1.000.000 AMD to buy dresses, skirts and ladies' trousers to resell, she has always made her repayments in a timely fashion.

Anahit lives with her husband and her daughter-in-law, while her son is currently in Russia.

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
  • 142
    View loans »
    Armenia Loans Fundraising
  • $15,809,275
    Funds lent in using Kiva
  • 373.0
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,700 helped Anahit to buy dresses, skirts and ladies' trousers to resell.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Apr 8, 2011
Apr 12, 2011
Currency Exchange Loss:
May 15, 2012