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Vardan is 27 years old and lives in the village of Davit Bek, which is in Syunik region. Vardan is married and has two daughters.

Since Vardan is back from the army, he has been engaged in farming and agriculture. He breeds at his farm six cows and twenty chickens. He also cultivates tomatoes, cucumbers and greens. His wife is unemployed, and she helps her husband with farming and agricultural activities. She sells their farm and agricultural products at their local wholesale markets.

Vardan wants to enlarge his farm cattle, and he is asking for a loan of 600,000 Armenian drams to buy several pigs for his farm.

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
  • 125
    View loans »
    Armenia Loans Fundraising
  • $16,733,225
    Funds lent in using Kiva
  • 406.1
    Armenia Drams (AMD) = $1 USD
A loan of $1,500 helped Vardan to buy several pigs for his farm.
Repayment Term
32 months (Additional Information)
Repayment Schedule
Aug 5, 2013
Aug 31, 2013
Currency Exchange Loss:
Sep 30, 2013