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Update on Andryusha

Andryusha lives in the village of Chakaten; he's lived there from his childhood. He says he has found trustful partners in farming and agriculture – the Kiva lenders’ team and field partner Nor Horizon.

Andryusha has a store in the town of Kapan where he sells meat, eggs and dairy products from his farm as well as products purchased from other farmers. He also breeds large-horned cattle and poultry and grows vegetables, fruits and barley on his own plot of land. He also rents out a plot of land where he cultivates wheat. The tractor that he purchased is also greatly demanded and is very often rented by the villagers. Having a degree in animal husbandry, Andryusha perfectly takes care of his farm cattle. Since his children have grown up and his daughter is already married, he is left alone in his farming activities but, being very industrious, he manages everything perfectly.

This will be Andryusha’s second loan from Kiva. The first one he used to purchase 20 piglets as well as barley seedlings, diesel fuel and fertilizer for his farm. This time he asks for a loan of 1,100,000 Armenian drams in order to buy three cows and a bull to enlarge his cattle farm.

Previous Loan Details

Andrusha was born in 1962 in the village of Chakaten in the Syuninsky region. After graduating from the village secondary school Andrusha enrolled in the Yerevan Veterenary Institue where he received a degree in animal husbandry. Andrusha is a widower and has a 23 year old son and eighteen yea... More from Andryusha's previous loan »

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.

To stay updated on loans from Armenia, please join the Armenia lending team at

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.


About Armenia

  • $6,300
    Average annual income
  • 138
    View loans »
    Armenia Loans Fundraising
  • $16,733,225
    Funds lent in using Kiva
  • 406.4
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,725 helped Andryusha to buy three cows and a bull for his farm.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Sep 26, 2013
Oct 26, 2013
Currency Exchange Loss:
Oct 17, 2015