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Edik is 55 years old. He lives in the city Stepanavan which is in the Lori region. Edik is married, and he has three daughters and a son. His daughters are married and they live with their families. Since Edik’s elder daughter lives with her family in the Russian Federation, his wife has gone there to visit her daughter and grandchildren. Now Edik lives with his son in their nice cute flat. Both of them work at the local gasification center as locksmiths.

They have decided to give a surprise to his wife and Edik is asking for a loan of 400,000 Armenian in order to buy a new refrigerator which will be a great and lovely gift for his wife.

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
  • 174
    View loans »
    Armenia Loans Fundraising
  • $17,141,425
    Funds lent in using Kiva
  • 405.8
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Edik to buy a new refrigerator which will be a great and lovely gift for his wife.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Sep 30, 2013
Nov 3, 2013
Currency Exchange Loss:
Jul 17, 2014