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Karlen was born in and still lives in the sunny and beautiful village of Artsvanik, which is in the Syunik region of Armenia. He has higher technical education and now works at the Kajaran Copper Molybdenum Combine as an engineer.

Karlen is married, and he lives with his wife and son. His elder son is married and lives with his own family separately.

From an early age, Karlen has been involved in agriculture and farming. He owns a plot of land and some farm animals. Karlen cultivates crops and a large variety of vegetables: potatoes, tomatoes, cucumbers, carrots, radish and greens. He receives a decent income from selling his garden harvest, meat and milk to re-sellers at the cities of Kapan and Kajaran. Karlen also breeds from his two cows, two bulls, two calves, a horse and ten chickens.

Karlen has requested a loan of 1,100,000 AMD to buy animal fodder and fertilizer. He hopes that Kiva lenders will help him as well as many other farmers who have had a great success by the help of given loans.

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
  • 99
    View loans »
    Armenia Loans Fundraising
  • $16,723,925
    Funds lent in using Kiva
  • 417.2
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,650 helped Karlen to buy animal fodder and fertilizer.
100% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
May 22, 2013
Jun 27, 2013
Currency Exchange Loss:
Dec 17, 2015