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Hakob lives in the village of Azatamut in the Gegharkunik region. He is married and has two daughters.

Farming is the main occupation that Hakob and his family are engaged in. They keep two cows, two calves, six piglets and twenty chickens on their farm. Their only income is from farming; it has given Hakob a chance to buy some furniture for their house, and he has managed to buy a car for himself. They also have a plot of land and cultivate greens, tomatoes, cucumbers, potatoes, and some fruits for their family's everyday use.

Hakob says that he loves farming, taking care of animals, and breeding them. He is sure that land cultivation is also of great use for a man; it makes a man kinder and wiser, and happiness has no borders when you gather the harvest so nice, so colorful, and sweet which you have raised by days and nights of working hard.

Hakob wants to enlarge his farm cattle, and he plans to buy one more cow and a lot of animal fodder. He is asking a loan from Kiva lenders, as he is not able to do it himself with his own resources.

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
  • $15,776,200
    Funds lent in using Kiva
  • 410.0
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,725 helped Hakob to buy one more cow and a lot of animal fodder for his farm.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jun 25, 2013
Jul 29, 2013
Currency Exchange Loss:
Jul 17, 2014