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Anna is 54-years-old. She lives in Vanadzor City with her husband. Anna is an engineer, but because of life circumstances she has started to run a clothes trading business. She has managed her business more than 10 years and her husband helps her in this occupation and consequently the business is the only source of income for Anna’s family.

Anna bought clothes from a neighboring country and also from a Yerevan wholesale market. She resells blouses, jeans, jackets, coats, etc.

This is Anna’s second loan from Nor Horizon and she is asking for a 1.000.000 AMD loan to buy winter sweaters and outerwear for her business.

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
  • 155
    View loans »
    Armenia Loans Fundraising
  • $15,809,675
    Funds lent in using Kiva
  • 382.2
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,625 helped Anna to buy winter sweaters and outerwear for her business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Dec 1, 2011
Dec 6, 2011
Currency Exchange Loss:
Jan 18, 2013