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Baghdasar is forty years old and lives in the village of Geghamavan, Sevanskaya region, with his wife and three children. Baghdasar's oldest son is a freshman at Sevanskii college, his youngest son and daughter attend middle school. After receiving his primary education, Baghdasar began breeding cattle. He's assisted by his wife and oldest son; together, they grow cows, calves and bulls. They deliver milk to drop off points in local villages; the milk is later taken to refining plants for processing. Baghdasar is asking for a loan of 1,050,000 drams to purchase animal feed. This will his seventh credit from Nor Horizon.
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Багдасару 40 лет, он живет в селе Гегамаван (Geghamavan), Севанской области, с женой и тремя детьми. Старший сын учится на первом курсе Севанского техникума, младщий сын и дочь учатся в средней школе.
После полученя среднего образования Багдасар занялся животноводством. Жена и старший сын помогают Багдасару в животноводстве и благодаря совместным усилиям они разводят коров, телят и бычков. Полученное молоко Багдасар сдает перерабатывающим компаниям в пунктах приема, которые находятся в соседних селах.
Багдасару необходим кредит на сумму в 1.050.000 драм для преобретения корма для скота. Данный кредит является седьмым кредитом, полученным Багдасаром из Нор Оризона (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.

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About Armenia

  • $6,300
    Average annual income
  • 134
    View loans »
    Armenia Loans Fundraising
  • $15,744,675
    Funds lent in using Kiva
  • 367.3
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,875 helped Baghdasar to buy fodder for his farm animals.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Jul 15, 2011
Jul 17, 2011
Currency Exchange Loss:
Aug 16, 2012