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Shushanik lives in Artashat city, which is in the Ararat region, with her three children (two sons and a daughter) and her retired mother. Unfortunately her husband died several years ago, and after this loss Shushanik’s family became very upset and for a long time her children could not realize what had happened and why their usual life became so sad and colorless. However, we all know that whatever happens, independent of us, time heals.

Before her husband died, Shushanik had never worked anywhere, but soon it was necessary to find some work. Today she works as a cook at one of the very famous and dainty restaurants of our city. Shushanik is doing her best to provide her family with normal living conditions. Her elder son has just come back from his military service, and in the near future her second son is going to complete his military service.

Shushanik’s daughter is going to attend the Medical College. Recently, Shushanik got acquainted with a very clever young man who wants to get married to her daughter, so they have decided to organize a nice engagement party. Shushanik is asking for a loan in order to organize her daughter’s engagement party, to do some shopping connected with it, and to buy presents for her daughter and new son-in-law.

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.

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About Armenia

  • $6,300
    Average annual income
  • 174
    View loans »
    Armenia Loans Fundraising
  • $17,141,425
    Funds lent in using Kiva
  • 410.0
    Armenia Drams (AMD) = $1 USD
A loan of $2,450 helped Shushanik to organize her daughter’s engagement party.
Repayment Term
32 months (Additional Information)
Repayment Schedule
Jun 25, 2013
Jul 29, 2013
Currency Exchange Loss:
Aug 28, 2013