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Samvel is 58 years old. He lives with his wife in Vanadzor city. His children are already married, and they live separately. Samvel graduated from Vanadzor State Pedagogical Institute in the Historical department. Now he works as the director of the nearby village school, where he is also a schoolmaster of Armenian history. In addition, Samvel has several pupils who attend private courses that he gives at his flat, and he prepares them for the entrance examinations.

Samvel is asking for a loan of 500,000 Armenain drams to buy a computer for developing his educational programs and methods of educating.

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
  • 169
    View loans »
    Armenia Loans Fundraising
  • $17,141,425
    Funds lent in using Kiva
  • 406.7
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Samvel to buy a computer.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Jul 30, 2013
Aug 23, 2013
Currency Exchange Loss:
Mar 17, 2015