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Garik is 36 years-old and he lives with his family in Kapan. After graduating secondary school, Garik studied at the Art School. Garik is married and lives with his wife, two daughters and retired mother. Garik’s father died when he was very young and Garik became the only breadwinner in their family. Now Garik works at Kapan Mining Combine as a miner.

From childhood, Garik has liked to do paintings, different sculptures and souvenirs. Garik successfully sells his handmade souvenirs and paintings at the Kapan market but the income is sometimes not enough to cover all the needs of his family, that is why he has asked for a loan of 900.000 Armenian drams in order to buy machine-tools, raw materials (wood) and different tools that he needs. Garik needs this loan very much and he will be very happy and thankful to Kiva to have it as soon as possible.

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
  • 172
    View loans »
    Armenia Loans Fundraising
  • $17,141,425
    Funds lent in using Kiva
  • 417.2
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,175 helped Garik to buy machine-tools, raw materials (wood) and different tools.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Apr 26, 2013
May 27, 2013
Currency Exchange Loss:
May 17, 2015