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Andranik is 41 years old. He lives with his wife, son and daughter in the town of Kapan. Adranik is a house painter by profession; he has finished technical college for construction technology in Kapan. After completing his education, he works in his field, renovating apartments, houses and office. He mainly works by himself and easily overcomes all difficulties of his challenging work. In Kapan he is said to be a virtuoso master. People are convinced that he will manage to complete any work project on time while maintaining high quality. But the main feature setting his business apart and ensuring his success are his affordable prices on apartment and office renovation works.

Andranik’s wife works at a flower stand, helps her husband in the household and takes care of their children.

Andranik needs a loan in the amount of 400,000 AMD in order to buy a rock drill and a grinding machine, which will allow him to complete renovation works faster.
View original language description ↓
Андранику 41 лет. Он живет вместе с женой ,сыном и дочерью в городе Капан. Андраник по специальности маляр он окончил капанский строительный коледж. После учебы он работает по его специалности ремонтирует квартиры, дома и офисы. В основном он работает один и легко справляется с любыми трудностями его не легкого ремесла. В Капане считают что у Андраника золотые руки и уверены что любой заказ он сделает вовремя и качественно. Но самая главная особенность и основная причина его успеха является то, что Андраник ремонтирует квартиры и офисы для своих сограждан по доступным им ценам.
Жена Андраника работает в цветочной лавочке ,помогает мужу по хозяйству и следит за воспитанием их детей .
Андранику нужен кредит на сумму 400.000 Армянских драм для покупки перфоратора(rock-drill) и шлифовальный станок, что поможет ему сделать ремонтные работы более быстрее.

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
  • 174
    View loans »
    Armenia Loans Fundraising
  • $17,141,425
    Funds lent in using Kiva
  • 410.5
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Andranik to buy a rock-drill and grinding machine this will help in his occupation.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Feb 14, 2013
Mar 12, 2013
Currency Exchange Loss:
Aug 17, 2014