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Karen lives where he was born, in the village of Antarashat in the Siunikskaya district. He is 41 years old and married. He has a son and daughter (13 and 14 years old) who study in the village school. Karen lives with his family and his retired parents.

Since 2000, Karen and his family have been in the farming business in Antarashat village. His wife and children help him with the business. Karen keeps cattle and chickens, and he has a large garden where he grows fruits and vegetables. He also owns land that he uses for pasture. Over the course of a year, he sells vegetables, fruit, milk, and eggs. He owns a commercial vehicle for taking his harvest to market in the nearby villages and in the city of Kapan, where he has regular customers. His is very hard work, but it's profitable and it allows him to provide properly for his family.

Karen needs a loan of 200,000 Armenian dram (AMD) to buy his cattle hay for the winter.
View original language description ↓
Карен родился и живет в селе Антарашат ,Сюникской области. Ему 41 лет , женат , имеет сына и дочь по 12 и 13 лет, которые учатся в сельской средней школе. Карен живет со своей семьей и с родителями пенсионерами.
С 2000 года Карен и его семья занимаются сельскохозяйством в селе Антарашат. В основном по хозяйству Карену помогают жена и дети.
Карен имеет крупный рогатый скот, кур, имеет так же огород где выращивает овощи и фрукты.
У Карена есть еще собственная земля которая служит для пастбища. Карен за год реализует овощи , фрукты ,молоко яйца. Он имеет постоянных клиентов в городе Капане. Карен имеет также грузовую машину которую использует для даставки урожая в Капан и местные сельские рынки. У Карена тяжелая но прибыльная работа, которая позволяет ему достойно содержать семью.
Карену нужен кредит на сумму 200,000 Арм. драмм для покупки сена для крупного рогатого скота на зиму .

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
  • 123
    View loans »
    Armenia Loans Fundraising
  • $16,733,225
    Funds lent in using Kiva
  • 403.9
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Karen to buy his cattle hay for the winter.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Dec 24, 2012
Dec 26, 2012
Currency Exchange Loss:
Jan 17, 2014