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Aghasi is 40 years old and lives in Vanadzor with his wife and young daughter. For four years, Aghasi has been breeding chickens in a specially-built chicken coop in the yard of his house. He buys 2-3 day-old chicks in a incubator in Stepanavan, keeps them in his chicken coop, fattens them and delivers them to city stores and poultry factories. Thanks to the income from this business, Aghasi provides for his family. Recently Aghasi repaired the chicken coop and now he is requesting a loan of 800,000 drams for roofing his coop and for buying food for the baby chicks.
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Агаси (Aghasi) 40 лет, он живет в Ванадзоре вместе со своей женой и несовершеннолетней дочерью.
Уже четыре года Агаси занимается разведение кур в специально построенном помещении-курятнике во дворе своего дома. Он покупает 2-3 дневных цыплят в Степанаванском инкубаторе, держит их в своем курятнике, откармливает их и сдает в магазины города, а также на птицефабрику. Благодаря доходу от своего бизнеса Агаси содержит свою семью.
Недавно Агаси отремонтировал курятник и сейчас ему необходим кредит на сумму 800.000 драм для настила крыши своего курятника, а также для покупки корма для цыплят.

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
  • 106
    View loans »
    Armenia Loans Fundraising
  • $16,723,925
    Funds lent in using Kiva
  • 384.0
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,100 helped Aghasi to roof hencoop and to buy feed for his chickens.
100% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Nov 9, 2011
Nov 14, 2011
Currency Exchange Loss:
Mar 17, 2014