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Mikayel operates his agricultural business in the village of Bekh, located in the Syuniksk region. On his farm, he raises cattle, pigs, sheep, goats and bees, which allows him to produce a large variety of products for sale: beef, pork, mutton, milk, honey, and sheep's wool. Mikayel has many regular customers both in the village of Bekh and in the city of Kapan. Mikayel loves being a farmer and works every day from early morning to late evening.

Mikayel is 31 years old. After serving in the army, he moved to Russia with his parents. However, he soon returned to his homeland and became a farmer. Mikayel is self-sufficient thanks to his business. He is not yet married, but is hoping to start a family in the near future.

Mikayel would like to obtain a loan of 500,000 dram to purchase a large shipment of animal feed.
View original language description ↓
Микаел занимается сельскохозяйственным бизнесом в деревне Бех, Сюникского региона. На своей ферме он разводит крупный рогатый скот, свиней, овец, коз и пчел. На своей ферме Микаел производит большой ассортимент сельскохозяйственной продукции на продажу: говядину, свинину, баранину, молоко, мед и овечью шерсть. У Микаела много постоянных покупателей как в деревне Бехи, так и в городе Капане. Микаелу очень нравится заниматься сельским хозяйством, поэтому он работает без выходных с раннего утра до позднего вечера.
Микаелу 31 год. После службы в армии, он вместе с семьей переехал в Россию. Но в скором времени Микаел вернулся на родину и начал заниматься сельским хозяйством.
Благодаря своему бизнесу Микаел содержит себя. Микаел еще не женат, но он надеется создать семью в ближайшем будущем.
Микаелу необходим кредит на сумму 500.000 драм для покупки большой партии корма для животных.

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
  • 126
    View loans »
    Armenia Loans Fundraising
  • $16,733,225
    Funds lent in using Kiva
  • 416.2
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Mikayel to buy fodder for his farm animals.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Jun 18, 2012
Jun 24, 2012
Currency Exchange Loss:
Jul 17, 2013