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Martun is involved in an agricultural business in the Achanan village, Syunik region, for over 14 years. He breeds cattle, chickens and rabbits and grows vegetables and fruits on his farm. Martun also leases land, where he grows wheat. He owns agricultural equipment and machinery, with the help of which he provides agricultural services in the villages of the Syunik region. Martun sells obtained agricultural products, such as vegetables, fruits, beef, milk, eggs and wheat, to his regular customers in the city of Kapan. During the agricultural season, from the beginning of spring to late autumn, providing services with the help of the agricultural equipment earns a good profit for Martun.
Martun is 51 years old, married and has four children: two sons and twin daughters. Along with the running of the agricultural business, Martun works as a forest ranger in the Kapan forestry. His wife works in the village commune. Martun's oldest son is the second-year student of the paid department of the Kapan European College, and the rest of the children attend a school.
Martun needs a loan in the amount of 1,000,000 dram to buy tires for his tractor, fertilizers and diesel fuel. Thanks to the agricultural business, Martun supports his family and pays for his oldest son's education.
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Мартун занимается сельскохозяйственным бизнесом в деревне Ачанан, Сюникской области, более 14 лет. На своей ферме Мартун разводит крупный рогатый скот, кур, кроликов, выращивает овощи и фрукты. Также Мартун арендует землю, на которой выращивает пшеницу. У Мартуна имеется сельскохозяйственную техника и машина, с помощью которых он предоставляет сельскохозяйственные услуги в деревнях Сюникской области.
Полученную сельскохозяйственную продукцию: овощи, фрукты, говядину, молоко, яйца и пшеницу Мартун продает своим постоянным клиентам в городе Капане.
В сельскохозяйственный сезон, с начала весны до поздней весны, предоставление услуг с помощью сельскохозяйственной техники, приносит Мартуну хорошую прибыль.
Мартуну 51 год, он женат и у него четверо детей: два сына и дочери-близняшки. Одновременно с ведением сельскохозяйственного бизнеса, Мартун работает лесником в Капанском лесхозе. Жена работает в сельской общине. Старший сын Мартуна учится в Капанском Европейском колледже на втором курсе платного отделения, остальные дети учатся в школе.
Мартуну необходим кредит на сумму 1.000.000 драм для покупки шин для трактора, удобрения и дизельного топлива.
Благодаря сельскохозяйственному бизнесу Мартун содержит семью и платит за обучение старшего сына.

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.

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About Armenia

  • $6,300
    Average annual income
  • 173
    View loans »
    Armenia Loans Fundraising
  • $17,141,425
    Funds lent in using Kiva
  • 391.1
    Armenia Drams (AMD) = $1 USD
A loan of $2,575 helped Martun to buy tires for his tractor, fertilizers and fuel ahead of the sowing season.
Repayment Term
32 months (Additional Information)
Repayment Schedule
Apr 6, 2012
Apr 11, 2012
Currency Exchange Loss:
May 11, 2012