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Valerik was born in 1955, and he lives in Zovaber village, Sevan area, with his wife and daughter. His daughter is married and lives separately.

He has a 20-year work experience as a driver for different organizations. For the past 15 years, Valerik and his wife are engaged in animal breeding. He has his own plot of land where he runs his animal breeding business. Valerik breeds cows and calves, sheep, chickens, lambs, goats and pigs in his farm. Valerik’s wife helps him in farming and they work very hard. They sell milk produced in the market near to Hrazdan city Sevan area. The couple also sells meat to meat dealers in their region.

The money earned from farming helps Valerik cover a majority of his family’s expenses and develop their farm business. He is seeking a loan of 800,000 AMD to buy fodder for his swines as well as winter wheat seeds.

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
  • 163
    View loans »
    Armenia Loans Fundraising
  • $17,054,825
    Funds lent in using Kiva
  • 375.1
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,150 helped Valerik to buy fodder for swines and winter wheat seeds.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Oct 11, 2011
Oct 22, 2011
Currency Exchange Loss:
Oct 17, 2013