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Hrachya is 25 years old and he lives in the village of Ddmashen, which is in the Gegharkunik region. Hrachya’s family in not big; he lives with his mother and his brother. His father passed away several years ago and since then, both Hrachya and his brother are doing their best to take care of their mother properly.

Hrachya’s brother is a student and simultaneously he works at the rescue service. Hrachya has no higher education and he has never worked anywhere, and since his father died he has become fully engaged in farming and agriculture. His mother helps him very much in farming and potato cultivation. They keep in their farm two cows, two heifers, eight sheep, three piglets and thirty chickens. The meat and the milk of their farm animals they manage to sell through the re-sellers right from their house.

When Hrachya was still a little boy, he used to think that without his father he could do nothing in this life, but now he understands that he is responsible for his family. Life is going on and he must work as hard as he can to provide better living conditions for his mother and his brother.

Hrachya has taken loans from Nor Horizon already three times and this time he decided to have a deal with Kiva lenders. He asks a loan to buy two cows and a lot of animal fodder in order to provide his farm animals and support his family financially.

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
  • 165
    View loans »
    Armenia Loans Fundraising
  • $17,050,625
    Funds lent in using Kiva
  • 410.7
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,200 helped Hrachya to buy two cows and a lot of animal fodder in order to provide for his farm animals and support his family financially.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Jun 13, 2013
Jul 17, 2013
Currency Exchange Loss:
Sep 17, 2014