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Update on Sergey

Sergey was born in the city of Kapan and now lives in the village of Syunik. After school, he studied at the zootechnical-veterinary institute of Yerevan, specializing in veterinary science. He now works as a director of studies in a school located in Kapan. At the same time he has been involved in agriculture, animal husbandry, beekeeping, and raising chickens in his village since 2005. Sergey owns some land in Syunik and he grows vegetables which he sells locally. He also grows hay which he sells to a farming business.

Sergey has been involved in beekeeping for many years. He owns more than 15 beehives and makes a decent income from selling honey at the market. According to Sergey, in order to make some good honey, you need to first and foremost love your bees and to take care of them with a lot of patience.

Sergey is married and he has two daughters. His wife greatly helps him to manage his farming and beekeeping businesses.

Sergey needs a loan of 300,000 Armenian dram to buy additional beehives, frames and protective clothing for beekeeping.
View original language description ↓
Сергей родился . в городе Капан и проживает в селе Сюник.
После школы Сергей поступил в Ереванский Зооветеринарный институт, по специальности ветеринар. Сергей работает завучем в Капанской школе и в то же время с 2005года в селе Сюник занимается сельским хозяйством,скотоводством ,пчеловодством и держит кур. Сергей имеет собственную землю в Сюнике где выращивает овощи, которые реализует в Капане и сеет сену, которую продает фермерским предприятиям.

Сергей долгие годы занимается также пчеловодством. Он имеет более 15 улей и от реализации меда в рынках получает приличный доход. как говорит Сергей ,чтобы от пчеловодство получать хороший мед надо во первых очень любить пчел, заботится о них с большим терпением.

Сергей женат и имеет двух дочерей. В пчеловодстве и по сельскому хозяйству ему очень помогает его жена.
С помощью первого кредита от Кива Сергей купил корову и рамки для пчел.
Сергею нужен кредит на сумму 300,000 Армянских драм для покупки новых улей, рамок и спецодежды для пчеловодства.

Previous Loan Details

Sergey G. was born in 1980. He is married and has a daughter who is two years old. Sergey works at Syunik village administration and his wife works at the kindergarten in the same village. Sergey combines his work in village administration with farming, which helps him to support his young fa... More from Sergey's previous loan »

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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Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Armenia

  • $6,300
    Average annual income
  • 174
    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 $725 helped Sergey to buy new hives, frames and protective clothing for beekeeping.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Mar 18, 2013
Apr 22, 2013
Currency Exchange Loss:
Jun 17, 2013