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Ishkhan is 58 years old. He lives in Yerevan with his wife, who does not have a job. Ishkhan’s son lives and works in the Russian Federation. For more than 30 years, Ishkhan has run a workshop where he repairs cars. He repurposed his home garage to do this. He has a lot of experience and therefore has never had a shortage of clients. He sometimes buys old and broken cars to repair and sell. Thanks to his business, Ishkhan is able to provide for his family.

Ishkhan is requesting a 3,000 USD loan to purchase a broken car to repair and resell.

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
  • 160
    View loans »
    Armenia Loans Fundraising
  • $17,094,100
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Ishkhan to buy a car to repair and resell.
100% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Oct 5, 2011
Oct 13, 2011
Currency Exchange Loss:
Nov 22, 2014