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Shahen was born in 1956 in Baku, and received his bachelor's degree from Baku's Civil Engineering College. In 1990 he moved to Armenia and is living in Shgharshik town in the Syunik province. Shahen is married and has two sons and a daughter. Shahen's oldest son is studying to become a civil engineer at Kapan Polytechnic Institute, while his youngest son and daughter are still attending school. Shahen's wife is a teacher at the same school their children are attending. Shahen himself works at the "Health Preservation Fund" of the Syunik province. In parallel with his day job, Shahen raises cattle, chickens and grows fruits and vegetables for the local market. He then sells his products: vegetables, fruits, beef, milk and eggs to the re-sellers from Kapan's City Market. Shahen's wife helps him with his farm and their efforts allow them to provide for their large family. Shahen would like to take out a loan of 1,000,000 dram to purchase 7 more bulls for his herd as well as hey for them.
View original language description ↓
Шаген родился в 1965 г. в Баку, получил высшее образование в Бакинском инженерно-строительном институте. В 1990 году он переехал в Армения и поселился в поселке городского типа Шхаршик (Shgharshik), Сюникского региона.
Шаген женат, у него двое сыновей и дочь. Старший сын Шагена учится в Капанском политехническом институте на инженера-строителя, дочь и младший сын учатся в Капанской средней школе. Жена Шагена преподает в той же школе, где учатся их дети. Сам Шаген работает в «Фонде сохранения здоровья» Сюникского региона.
Параллельно со своей работой в Фонде, Шаген занимается сельским хозяйством: разводит крупный рогатый скот, кур, а также выращивает овощи и фрукты на своем огороде. Полученную сельскохозяйственную продукцию: овощи, фрукты, говядину, молоко и яйца продает скупщикам с Капанского городского рынка. Жена Шагена помогает ему на ферме и благодаря совместным усилиям они содержат свою семью.
Шагену необходим кредит на сумму 1.000.000 драм для покупки 7 быков, а также для покупки сена.

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
  • 122
    View loans »
    Armenia Loans Fundraising
  • $16,733,225
    Funds lent in using Kiva
  • 368.2
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,725 helped Shahen to buy 7 bulls and hay for his farm animals.
100% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Aug 11, 2011
Aug 11, 2011
Currency Exchange Loss:
Feb 15, 2012