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Rubik has a small and beautiful farm which he takes care of with great pleasure and enthusiasm. He has two bulls, one heifer and one calf. Rubik’s wife helps him very much with the farming activities. They live in a small nice city, Gavar, in the Gavar area. Rubik is 60 years old and he has four grown-up children, three daughters and a son. They are all married and live separately with their families. Rubik completed higher education; he graduated from Gavar State University.
It is Rubik’s first loan and he wants to borrow an amount of 500,000 Armenian drams for the purchase of one cow and animal fodder. He and his family hope very much that Kiva lenders will give him an opportunity to enrich both his farm and his family income.

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
  • 139
    View loans »
    Armenia Loans Fundraising
  • $15,744,675
    Funds lent in using Kiva
  • 417.2
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Rubik to buy one cow and animal fodder.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
May 15, 2013
Jun 20, 2013
Currency Exchange Loss:
Oct 17, 2013