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Marieta and her husband live in the village of Lchacshen, which is in Gegharkunik area. Both of them are engaged in farming and agriculture. They have a plot of private land where they cultivate carrots, potatoes, tomatoes, cucumbers and some greens. Their farm is not a very big one; they keep three cows, three calves and twenty chickens. All these they manage to care for while working at other jobs. Marieta works at the Building Department as an engineer. Marieta’s husband also works; he has a small vegetable trading business in the city Sevan. For many years,Marieta and her husband have worked very hard day and night in order to have their own farm and another source of income for their family.
Marieta is asking for a loan of 1,000,000 AMD to enlarge her farm cattle; she wants to buy two cows, six piglets and ten sheep, as well as some fodder for animals. It is Marieta’s first deal with Kiva lenders and she hopes that she has found the perfect partner to support her in her business.

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 $2,400 helped Marieta to buy two cows, six piglets and ten sheep, as well as some fodder for animals.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
May 14, 2013
Jun 17, 2013
Currency Exchange Loss:
Jun 17, 2015