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Artsruni lives in the city of Vedi with his retired mother, wife and two children. Artsruni has taken part in war on behalf of today’s Independent Republic of Nagorni Karabakh, a war that was long and very severe. He fought with a great belief in God and endless love for his motherland but became disabled, suffering a wound in which he lost his left wrist.

Despite the difficulties of his life, Artsruni is engaged in farming, breeding two cows and selling the farm products (cheese, milk and meat) at their local markets. A strong-willed person who alone manages to take care of his family members, he is requesting a loan of 400.000 Armenian drams to buy more cattle for his farm to enlarge his farm activities.

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
  • 164
    View loans »
    Armenia Loans Fundraising
  • $17,075,775
    Funds lent in using Kiva
  • 410.5
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Artsruni to buy cattle for his farm to increase his family's income.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Jul 15, 2013
Aug 14, 2013
Currency Exchange Loss:
Dec 17, 2014