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Larisa was born in the village Tokh which is in the region of Hadrut in the Republic of Nagorno Karabakh, but after getting married she moved to Kapan city, where she lives now with her family. She has a daughter and a son. Both of them are married and have children. Larisa’s husband works as a locksmith.

Larisa has had her own business already for five years; she has a small stall where she sells a great range of fruits and vegetables. She buys her stall products from nearby village farmers every week. She sells beans, peppers, carrots, cabbage, tomatoes, and beets; she also sells watermelons, melons, bananas, apples, plums, grapes, oranges and pomegranates. Her stall is very nice one, full of colorful and tasty agricultural products. She has many customers who visit her stall every day and they are well satisfied, both with the products’ quality and the prices as well.

Larisa is asking for a loan of 1,100,000 Armenian drams in order to buy a lot of onions, potatoes and carrots for sale, which are in high demand during the winter period.

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
  • 124
    View loans »
    Armenia Loans Fundraising
  • $16,783,950
    Funds lent in using Kiva
  • 406.4
    Armenia Drams (AMD) = $1 USD
A loan of $2,725 helped Larisa to buy a lot of onions, potatoes and carrots for sale.
Repayment Term
38 months (Additional Information)
Repayment Schedule
Sep 26, 2013
Oct 26, 2013
Currency Exchange Loss:
Nov 25, 2013