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Suren is 48 years old and he lives in Ddmashen village, which is in the Gegharkunik area, with his big and lovely family. Suren’s wife is a librarian at their village library. They have four children: three daughters and a son. Their son works at the police, the eldest daughter works as a teacher, the second daughter is a student and the third is school-aged.

Suren has no higher education but for many years he worked as a bricklayer. His family is big and their needs are countless, Suren and his wife do their best to provide better living conditions for their children.

Today Suren and his wife are engaged in agriculture and farming. He cultivates potatoes, tomatoes and some greens, which he sells locally. His farm is rich with three cows, a calf, four sheep and twelve chickens.

Suren wants to buy young calves in order to enlarge his farm and he asks a loan of 400,000 Armenian drams. Suren has already taken one loan from Nor Horizon and this time he has a strong desire to cooperate with Kiva lenders also.

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
  • 130
    View loans »
    Armenia Loans Fundraising
  • $16,809,825
    Funds lent in using Kiva
  • 417.2
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Suren to buy young calves.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 6, 2013
Jun 5, 2013
Currency Exchange Loss:
Feb 17, 2014