Check out some available loans that are similar to this one!
Spartak was born in 1960 in the city of Kapan. He is a cook by trade. Spartak is married and has three children. His older son is in his fourth year studying geology at Kapan Polytechnical Institute. Also Spartak has eighteen-year-old twins: a son who is serving in the army and a daughter who studies psychology without a scholarship at Yerevan Teacher training college. Spartak’s wife is a housewife.

Since 1977, Spartak has worked as a photographer, working with schools since 2008. He rents a small building in an amusement park in Kapan. There he takes photos and sells ice-cream, chips, popcorn, etc. Spartak works every single day. Thanks to the money he makes, he is able to support his family and pay for his daughter’s education.

Spartak is taking out a loan of 400,000 drams to buy a new professional camera. Spartak is a client of Nor Horizon.
View original language description ↓
Спартак родился в 1960 г. в городе Капане. По специальности он повар. Спартак женат и у него трое детей: старший сын учиться на геолога на четвертом курсе Капанского Политехнического института. Также у Спартак есть 18 летние близнецы: сын, который в данный момент служит в армии и дочь, которая учится на психолога на платном отделении Ереванского Педагогического института. Жена Спартака домохозяйка.
С 1977 г. Спартак работает фотографом, сотрудничает со школами, а начиная с 2008г. он арендует небольшую постройку в парке аттракционов города Капана, где продолжает заниматься фотографией, а также торговать мороженым, чипсами, попкорном и т.д. Спартак работает без выходных, и благодаря выручке, полученной от предпринимательской деятельности, он содержит свою семью, платит за обучение дочери.
Спартаку необходим кредит на сумму 400,000 драм на приобретение нового профессионального фотоаппарата. Спартак является клиентом 7-го цикла в кредитной организации Нор Оризон (Nor Horizon).

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.

To stay updated on loans from Armenia, please join the Armenia lending team at

About Armenia

  • $6,300
    Average annual income
  • 171
    View loans »
    Armenia Loans Fundraising
  • $17,141,425
    Funds lent in using Kiva
  • 373.9
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Spartak to buy a new professional camera for his business.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Jun 21, 2011
Jun 21, 2011
Currency Exchange Loss:
Aug 17, 2012