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Mehrab B. was born in 1987. He lives in Lchashen village, area of Sevan, with his grandfather, his father and his sister. Members of Mehrab’s family have been engaged in farming for a long time.

On his farm, Mehrab raises cows, sheep, a horse, ducks and chickens. With his business profit Mehrab keeps his family and also he was able to buy a truck, which he uses for his farm’s needs.

Mehrab needs a 700,000 AMD loan to buy a cow and some calves for his farm. Cattle enlarging will allow Mehrab to increase his family’s income in the future.

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
  • 161
    View loans »
    Armenia Loans Fundraising
  • $17,086,950
    Funds lent in using Kiva
  • 374.9
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,875 helped Mehrab to buy a cow and some calves for his farm.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Apr 25, 2011
Apr 26, 2011
Currency Exchange Loss:
May 17, 2013