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Anush is 53 years old. She lives in Vanadzor with her husband and a daughter. Anush’s husband works as a taxi driver and her daughter works at a clothes factory as a seamstress. But the major part of family income is thanks to Anush’s business. Anush rents a stall where she sells women’s clothes. She buys merchandize form Yerevan two or three times a month, depending on the season. Anush has many regular customers and she says she likes her occupation very much.
She has received three loans from Nor Horizon already, and now she is asking for an 800,000 AMD loan to buy spring blouses, jackets, dresses, etc. to resell.

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
  • 172
    View loans »
    Armenia Loans Fundraising
  • $17,141,425
    Funds lent in using Kiva
  • 388.6
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,075 helped Anush to buy spring blouses, jackets, dresses, etc. to resell.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Feb 10, 2012
Feb 13, 2012
Currency Exchange Loss:
Sep 17, 2013