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Karine was born in 1959. She lives in Ijevan city with her son, daughter-in-law and her two grandchildren. Karine works in a military unit as a cook, and at the same time she is engaged in pig breeding and beekeeping. Her son helps her a lot in these businesses. Karine says that beekeeping is very laborious, though it’s a very interesting business.

Thanks to profit from her beekeeping and pig breeding, Karine keeps her family, and she was able to organize her three children’s weddings. She also bought necessary furniture for her home.

Karine asks for an 800,000 AMD loan to buy some beehives, some piglets and fodder for her farm animals. This is Karine’s 6th loan from Nor Horizon and her 2nd loan from Kiva.

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
  • 165
    View loans »
    Armenia Loans Fundraising
  • $17,050,625
    Funds lent in using Kiva
  • 376.8
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,125 helped Karine to buy beehives, piglets and fodder.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
May 27, 2011
May 29, 2011
Currency Exchange Loss:
Jan 15, 2013