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Azat is 41 years old and lives with his wife and pensioner mother in Tsaghkunk village, which in the Sevan area. Azat graduated from Sevan Technical College as a tractor mechanization specialist.

For many years, Azat has worked in his village Municipality as a tractor driver. Now Azat has his own tractor and for more than 10 years he has provided services with his tractor for villagers in the Sevan region.

At the same time, Azat engaged in farming and animal breeding. He has 4 cows, 15 sheep and 20 bee families. Azat has a plot of land near his house. He plants vegetables and takes care of his fruit trees.

Azat sells his agricultural production (milk, meat, honey, fruits and vegetables) in Sevan city’s food markets. Azat’s wife helps him in farming and animal breeding. Azat says that without his family members help, he couldn't overcome all the difficulties in the agricultural business.

With the profit from his agricultural business, Azat meets his family's needs. For about 2 years, Azat has accumulated the profit from his tractor services.
He dreams to buy a new tractor because his tractor is too old and worn. For the purchase of a new tractor, Azat needs a loan amount 1,000,000 Armenian dram.

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
  • 168
    View loans »
    Armenia Loans Fundraising
  • $17,141,425
    Funds lent in using Kiva
  • 411.4
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,450 helped Azat to buy a new tractor.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Apr 2, 2013
May 4, 2013
Currency Exchange Loss:
Oct 17, 2014