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Yervand is 44 years old. He lives in the Tsovagyugh village in the Sevan district with his wife and a 14-year-old son. Yervand graduated from the Yerevan agricultural institute. After receiving his economist diploma, he spent 8 years working as an economist at the Sevan office of one of Yerevan's banks. Since 1998, Yervand has been working as a rescuer for the Emercom of Russia. Parallel to his work, Yervand breeds cattle, chickens and bees. He has one cow, two bulls, one calf, 30 chickens and 14 beehives at his farm. He produces honey for sale. Thanks to the profit from beekeeping and his salary, Yervand supports his family. He received five loans from the Nor Horizon organization and always repaid them on-time. Currently, he needs a loan in the sum of 700,000 dram to buy several new beehives and necessary medicine for his bees.
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Ерванду 44 года. Он проживает в деревне Тсовагюх (Tsovagyugh), Севанского региона, со своей женой и 14 летним сыном.
Ерванд окончил Ереванский сельско-хозяйственный институт. После получения диплома экономиста, он 8 лет проработал экономистом в Севанском филиале одного из Ереванских банков. С 1998 года Ерванд работает спасателем в МЧС.
Параллельно со своей работой Ерванд разводит коров, кур и пчел. У Ерванда на ферме есть одна корова, 2 быка, один теленок, 30 кур и 14 ульев. Он производит мед на продажу. Благодаря прибыли от пчеловодства и своей зарплате, Ерванд содержит свою семью.
Ерванд получал кредит от организации Нор Оризон 5 раз и всегда выплачивал кредит своевременно. Сейчас ему необходим кредит на сумму 700.000 драм для приобретения нескольких новых ульев и обязательных лекарственных препаратов для своих пчел.

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
  • 138
    View loans »
    Armenia Loans Fundraising
  • $16,733,225
    Funds lent in using Kiva
  • 370.3
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,900 helped Yervand to buy several new beehives and necessary medicine for his bees.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Sep 27, 2011
Sep 29, 2011
Currency Exchange Loss:
Jun 26, 2012