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Armen was born in 1972 in the city of Kapan and still lives there. Armen is an economist by profession and graduated from the Yerevan Institute of National Economy. Armen is married and has a daughter and son who are 11 and 13 years old. Armen's wife has her own store where she sells clothing and women's accessories.

Armen and his family have been in the agriculture business for nearly 10 years. Armen's family owns a wonderful plot of land in Kapan where they grow vegetables and fruits. Armen sells his agricultural products in Kapan and he has had a lot of regular customers over the years.

As Armen says the agriculture business is difficult work but profitable, according to him you need to love the land so that it rewards you for your hard work.

Armen needs a loan of 500,000 Arm. dram to purchase netting for garden fencing and for concrete work in the garden.
View original language description ↓
Армен родился 1972г. в городе Капане и живет там по сей день. Армен по специальности экономист и окончил Ереванский институт народного хозяйства.
Армен женат , имеет дочь и сына которым по 11 и 13 лет .Жена Армена имеет собственный магазин где продает одежду и женские аксессуары.
Сельскохозяйственным бизнесом Армен и его семья занимаются почти 10 лет. У семьи Армена есть земельный участок в Капане где выращивают овощи и фрукты.
Сельскохозяйственную продукцию Армен реализует в Капане и у него за эти годы уже есть множество постоянных клиентов.
Как говорит Армен - сельскохозяйственный бизнес тяжелый труд но прибыльный , по его словам надо любить землю, чтоб она вознаградила тебя за твой тяжкий труд.
Армену нужен кредит на сумму 500.000 Арм. драмм для покупки сетки для ограждения огорода, а также для бетонных работ в огороде.

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
  • 154
    View loans »
    Armenia Loans Fundraising
  • $15,809,675
    Funds lent in using Kiva
  • 406.5
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Armen to buy netting for his garden fence and to do concrete work in the garden.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Dec 13, 2012
Dec 20, 2012
Currency Exchange Loss:
Jul 17, 2014