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Grisha, who is 53 years old, lives with his wife and son in Vanadzor city. He has a daughter who is married and lives separately from her parents.

An engineer who graduated from Vanadzor Engineering College but never worked at his profession, Grisha was formerly employed as a driver, but has now been a successful trader for more than 15 years. He buys apples, grapes, peaches, pears, tomatoes, cucumbers, potatoes, etc. from Artashat and Ejmiatsin, transports them with his own car and sells from a rented stall in Vanadzor city. His wife greatly helps him in this occupation.

Grisha is now requesting a loan of 500,000 Armenian Dram to buy more vegetables and fruits for the spring selling season. He uses part of his income to provide for his family, while saving some for his son's upcoming wedding party.

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
  • 111
    View loans »
    Armenia Loans Fundraising
  • $16,727,525
    Funds lent in using Kiva
  • 406.7
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Grisha to buy vegetables and fruits to resell.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Feb 8, 2013
Feb 22, 2013
Currency Exchange Loss:
Jul 17, 2014