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Edgar is 28 years old; he lives in the village of Tsovagyugh, in the area of Sevan, with his parents. Edgar’s parents are jobless. Edgar graduated form Yerevan State University, but he has never worked, as he couldn’t find a job in his village.

Edgar and his parents are engaged in animal breeding and market gardening. Through their joint efforts, they breed cows and calves, sheep and lambs, and chickens as well. They also produce dairy products, meat and eggs, which Edgar sells from their house. He also sells vegetables at the food market.

Edgar and his family intend to develop their farm and therefore Edgar is asking for a 1000000 AMD loan to buy five more calves and also a large lot of fodder for his farm animals for the winter months.

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
  • 175
    View loans »
    Armenia Loans Fundraising
  • $17,141,425
    Funds lent in using Kiva
  • 383.2
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,625 helped Edgar to buy five more calves and also a large lot of fodder for his farm animals for the winter months.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Dec 23, 2011
Dec 26, 2011
Currency Exchange Loss:
May 17, 2013