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Garnik was born in 1951 in the village Agarak. He graduated from a rural high school and Kapan Mining College where he studied land surveying. He is married with one son and three daughters. All of the children have their own families and live separately from their parents. His wife does not work. Garnik works at the Zangezur Copper-Molybdenum Plant as an operator. His wife does housework.

Since 1995, along with his work at the plant, Garnik has worked in agriculture in Shgharshik village. He raises bees as well as buys, tans, and sells cattle hides. Garnik sells the honey at Kapan city market and sells the processed hides to his regular customers in Yerevan.

Garnik needs a loan of 1,000,000 AMD to purchase a large consignment of hides, as well as to buy new hives, frames, wax, etc.

This loan is his third and Garnik has always paid his loans on time.
View original language description ↓
Гарник родился в 1951 г. в селе Агарак, окончил сельскую среднюю школу и Капанский Горный техникум, где получил специальность геодезиста. Женат имеет сына и три дочери; все дети имеют свои семьи и живут отдельно от родителей. Жена не работает. Гарник работает на Зангезурском Медно-Молибденовом комбинате оператором, жена занимается домашним хозяйством.
Начиная с 1995 г., параллельно со своей работой на комбинате, Гарник занимается сельским хозяйством в селе Шхаршик (Shgharshik village): разводит пчел, а также занимается куплей-продажей и обработкой шкур крупного рогатого скота. Полученный мед Гарник продает на Капанском городском рынке, а обработанные шкуры продает своим постоянным клиентам в Ереване.
Сумма кредита в 1,000,000 драм необходима Гарнику для приобретения большой партии шкур, а также для покупки новых ульев, рамок, парафина и т.д.
Данный кредит является третьим по счету и Гарник всегда выплачивал свои кредит без опозданий.

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
  • 154
    View loans »
    Armenia Loans Fundraising
  • $15,809,675
    Funds lent in using Kiva
  • 366.3
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,750 helped Garnik to buy batch of cow's skin and also to buy some new beehives, frames and wax for his beekeeping.
100% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Jul 25, 2011
Jul 25, 2011
Currency Exchange Loss:
Nov 18, 2013