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Liparit is 60 years old. He is married and lives together with his son, daughter-in-law and grandchildren. Liparit's wife is aboard on a business assignment.

For more than 20 years, Liparit has been repairing electrical motors. He has many customers -- not only individuals but also business entities prefer to seek Liparit to complete motor repairs. For Liparit, it is challenging but lucrative work that allows him to provide adequate support for his family.

To support their large family, Liparit is helped by his son who is a worker in the Kapan copper-molybdenum factory.

This month Liparit has many orders and he needed a loan of 700,000 Armenian dram (AMD) to purchase electrical cables of different cross-sections. The loan will help Liparit to fulfill all the orders, which will provide him a good profit.
View original language description ↓
Липариту 60 лет. Он женат и живет вместе с сыном, невесткой и внуками. Жена Липарита находится за границей на командировке.
Липарит более 20 лет как занимается ремонтом электродвигателей. У него множество клиентов - не только физические лица а также юридические лица предпочитают обратится за ремонтом электродвигателей к Липариту . У Липарита тяжелая но прибыльная работа, которая позволяет ему достойно содержать семью.
Содержать ин большую семью Липариту помогает сын который работает рабочим в Медно-молибденовом комбинате Капана .
На этот месяц у Липарита множество заказов и ему нужен кредит на сумму 700.000 Армянских драм, для покупки электропроводов разного сечения. Кредит поможет липариту во время выполнить все заказы ,что обеспечат ему хорошую прибыль .

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
  • 406.0
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,725 helped Liparit to purchase electrical cables of different cross-sections.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Jan 31, 2013
Feb 8, 2013
Currency Exchange Loss:
Jun 17, 2014