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Ashot is 55 years old and lives in Vanadzor city. He is married and has two sons. The elder son lives and works in the Russian Federation, and his younger son lives separately from his parents.

For a long time Ashot worked as a shoemaker. As Ashot confessed, he had a terrible period in his life – He had taken part in the Nagorno Karabakh conflict, and during cruel fights in Shushi and Stepanakert he was wounded. After the war Ashot had a little health problem, but he couldn't stay at home, and so for a long time he engaged in shoe trading in the Vanadzor clothes market.

Now Ashot is a taxi driver. He works with his own car which was produced during the Soviet Union period. Ashot needs a 500,000 Armenian drams loan to buy a new car for his activity.

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
  • 169
    View loans »
    Armenia Loans Fundraising
  • $17,141,425
    Funds lent in using Kiva
  • 406.6
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Ashot to buy a new car for his activity.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Jan 23, 2013
Feb 4, 2013
Currency Exchange Loss:
Sep 17, 2013