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Aleksandr, who was born in 1960 in the village of Acharkut, Tavush region, studied in the mechanics department of the Ijevan technical secondary school, after which he served in the army. He then worked at an Ijevan carpet enterprise till 1996, the year he established his own business selling men's trousers, T-shirts and belts. Aleksandr rents a stall at the Ijevan Fair and buys merchandise two to four times a month (depending on season) from Yerevan.

Aleksandr’s business allows him to support his family which consists of his wife, his daughter, his son and daughter-in-law. Aleksandr’s wife keeps house and other members of the family have their permanent work and as far as possible help their father to support the family. Aleksandr is now requesting a loan of 1.000.000 AMD to buy a summer assortment of jeans and classical models of trousers.

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
  • 173
    View loans »
    Armenia Loans Fundraising
  • $17,141,425
    Funds lent in using Kiva
  • 366.3
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,750 helped Aleksandr to buy a summer assortment of jeans and classical models of trousers.
100% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Jul 22, 2011
Jul 26, 2011
Currency Exchange Loss:
Dec 18, 2014