Funded

Total loan: $1,450
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Edik

Armenia
Ijevan, Armenia / Auto Repair

A loan of $1,450 helped to buy absorbers, some car parts, raw materials and to pay for the privatization bills of his workshop.


Edik's story

Edik has been engaged in car maintenance for twenty three years. Mainly he does absorber refills. He works in a small leased space which is a small workshop for him. Edik lives in Ijevan with his wife and three children. His elder daughter is married and lives separately, his second daughter is studying and wants to become hairdresser and his son is school-aged. For many years Edik has been the only bread-winner in his family and he needs some improvements in his workshop. Edik has list of problems that he needs to be solved by the help of Kiva lenders. He wants to take a loan of 600,000 Armenian Drams to buy absorbers, some car parts, and raw materials, and he also needs to pay for the privatization bills of his workshop. Edik has taken loans from Nor Horizon for four times and he has paid them back successfully.



Loan details

Loan length:

32 months
Disbursed date: May 18, 2013
Facilitated by Field Partner: Nor Horizon Universal Credit Organization Limited Liability Company

Lenders and lending teams




Loan details

Loan length:

32 months
Disbursed date: May 18, 2013
Facilitated by Field Partner: Nor Horizon Universal Credit Organization Limited Liability Company