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Harutyun was born in 1978. He lives in Vazashen village with his jobless wife and retired parents.

Since 1990, Harutyun’s family has been engaged in farming. Now Harutyun is doing the major part of the farm work and thus supporting his family. He breeds goats, a cow and a calf. Harutyun sells goat’s milk and cheese to fellow villagers. Also he grows fruits and vegetables for his family.

Harutyun intends to develop his farm and he is asking for a 600,000 AMD loan to buy some chickens, rabbits, calves and piglets. Also he will buy fodder for his farm animals.

This is Harutyn’s second loan from 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
  • 99
    View loans »
    Armenia Loans Fundraising
  • $16,723,925
    Funds lent in using Kiva
  • 371.9
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,625 helped Harutyun to buy some chickens, rabbits, calves, piglets, and fodder.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Sep 8, 2011
Sep 13, 2011
Currency Exchange Loss:
Jul 15, 2012