Check out some available loans that are similar to this one!
Sarik was born in 1964 in the Geghanush village of the Kapan region, graduated from the village secondary school and then graduated from the Kapan professional college as a radio technician. He is married and has an eighteen-year-old son and two daughters. His twenty-year-old daughter attends a fourth year of the Kapan agricultural institute, and Sarik's oldest daughter got married and lives separately. Sarik's wife helps him with the household. Sarik works in the security service of the Kapan Mining and Processing Plant. He found it difficult to support his family solely on his salary, which is not high, and decided to become involved in an agricultural business in his native Geghanush village in 1998. He owns cattle, chickens, bees and land, where he grows vegetables and fruits. Sarik has loyal customers in Kapan, who purchase vegetables and fruits grown by him and also buy beef, pork, honey, eggs and milk. The profit from the sales of agricultural products helps him to support his family and pay for his daughter's education. Sarik needs a loan in the sum of 500,000 dram to buy beehive boxes and also to buy hay in order to improve honey production and provide livestock with fodder for the winter.
View original language description ↓
Сарик /Sarik/ родился в 1964г. в селе Гегануш /Geghanush/ Капанской области, окончил сельскую среднюю школу, затем окончил Капанское профтехучилище по специальности радиоэлектрик. Женат имеет сына 18лет и двое дочерей. Дочке 20 лет, она учится в Капанском сельскохозяйственном институте на четвертом курсе, старшая дочь Сарика вышла замуж и живет отдельно. Сарику по хозяйству помогает его жена. Сарик работает в в охраной службе Капанского Горно-обогодительного комбината. Сарику было трудно содержать семью только на зарплате, которая не высокая, поэтому кроме постоянной работы Сарик с 1998 года занимается также сельскохозяйственной деятельностью в родном селе Гегануш. Имеет крупный рогатый скот, кур, пчел, огород на котором выращивает овощи и фрукты. У него есть постоянные клиенты в г. Капане, которые покупают выращенные им овощи, фрукты, а также говядину, свинину, мед, яйца, молоко. Выручка от продажи сельскохозяйственных продуктов очень помогает ему содержать семью, платить за учебу дочери.
Сарику нужен кредит 500.000 драм для приобретения ящиков для пчел, а также для покупки сена, что позволит улучшить производство меда и обеспечить корм для скота на зиму

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.

To stay updated on loans from Armenia, please join the Armenia lending team at

About Armenia

  • $6,300
    Average annual income
  • 137
    View loans »
    Armenia Loans Fundraising
  • $16,737,375
    Funds lent in using Kiva
  • 375.1
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,350 helped Sarik to purchase beehive boxes and hay.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Oct 13, 2011
Oct 24, 2011
Currency Exchange Loss:
May 17, 2013