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Yura has been involved in farming and breeding cattle in the Chakaten village of the Syunik region for 18 years. He grows vegetables and cereal crops for sale. He sells his agricultural products: milk, meat, vegetables and cereal crops, in the city of Kapan. Yura also owns agricultural machinery: a tractor and a press for packing hay into bales. Yura provides paid services with the help of this machinery in the villages of the Syunik region. This fact allows Yura to make a good profit during the agricultural season, which lasts from June through September.
Yura is 48 years old, married and has two children: a son and a daughter. Yura's daughter lives with her own family separately from the parents. Yura's son is married, and he and his family live together with the parents. Currently, Yura's son is in Russia. Yura's wife helps her husband with the agricultural business, and thanks to their business, they support the family. Yura needs a loan in the amount of 400,000 dram to purchase a reaping machine and repair his tractor. Purchasing a reaping machine would allow Yura to increase his family's income.
View original language description ↓
Юра занимается земледелием и разведением крупного рогатого скота в деревне Чакатен, Сюникского региона, на протяжении 18 лет. Он выращивает овощи и зерновые культуры на продажу. Полученную сельскохозяйственную продукцию: молоко, мясо, овощи и зерновые культуры он продает в городе Капане.
У Юры также имеется сельскохозяйственная техника: трактор и пресс для укладки сена в тюки. С помощью данной техники, Юра предоставляет платные услуги в деревнях Сюникской области. Данный факт позволяет Юре получать хорошую прибыль в течение сельскохозяйственного сезона: с июня по сентябрь.
Юре 48 лет. Он женат и у него двое детей: сын и дочь. Дочь Юры живет со своей семьей отдельно от родителей. Сын Юры женат и они с семьей живут с родителями. В данный момент сын Юры находиться в России. Жена Юры помогает мужу в сельском хозяйстве, и благодаря своему сельскохозяйственному бизнесу они содержат семью.
Юре необходим кредит на сумму 400.000 для покупки жатки, а также для ремонта трактора. Приобретение жатки позволит Юре увеличить доход своей семьи.

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
  • 144
    View loans »
    Armenia Loans Fundraising
  • $16,809,825
    Funds lent in using Kiva
  • 392.5
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Yura to buy a reaping machine and repair his tractor.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Apr 13, 2012
Apr 17, 2012
Currency Exchange Loss:
Nov 18, 2013