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Marus was born and lives in Ijevan city with her son, daughter-in-law and two grandchildren. She graduated from Yerevan State Pedagogical College and has for many years worked in one of the kindergartens in Ijevan city as nursery-governess. Those years she always remembers with a smile, as she loves children very much.

But Marus fell on very hard times; her lovely husband died and she couldn't support her family needs alone, as the salary at the kindergarten was not sufficient, so she started to run her own business. She imports men's and women's clothes from overseas wholesale centers and sells them in her own store in Ijevan city. With the profit from her clothes trading she provides part of her family needs. Another part is provided by her son, who now works in the Russian Federation.

Marus needs a loan to buy, from Yerevan wholesale markets, a new assortment of spring-summer seasonal men's and women's clothes for reselling.

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
  • 171
    View loans »
    Armenia Loans Fundraising
  • $17,141,425
    Funds lent in using Kiva
  • 418.3
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,650 helped Marus to buy a new assortment of spring-summer men’s and women's clothes.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Mar 18, 2013
Apr 16, 2013
Currency Exchange Loss:
Dec 17, 2015