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Sasun has been engaged in animal breeding for many years. He breeds cows, calves, lambs and chickens. He provides his customers with dairy products, meat and eggs. Sasun’s wife helps him in this occupation. Sasun is pleased with his farming activities as they bring him sufficient profit for his family. He lives in Gugark village which is in Vanadzor area. He has two children: a daughter and a son. His daughter is married and lives separately from her parents. Sasun’s son is in the military, serving in the Armenian Army. Sasun needs a loan to buy fodder for his animals and to buy one calf. He expects to earn more profits in the future and dreams of collecting a lot of money for his children's good future.

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
  • 161
    View loans »
    Armenia Loans Fundraising
  • $17,086,950
    Funds lent in using Kiva
  • 412.7
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Sasun to buy a calf and fodder for his animals.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Feb 12, 2013
Mar 16, 2013
Currency Exchange Loss:
Aug 17, 2014