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Arkadya is 42 years old, and he lives with his family in Ijevan city in Tavush region. Arkadya is married, and he has a one-year-old very nice daughter. His wife has a specialty of teaching, but now she does not work; she takes care of their daughter.

Arkadya for many years till now has worked as a contractual serviceman, and only through his salary the family covers its expenses. Their flat where they live needs to be completely repaired, but since they don't have the money, Arkadya has decided just to separate a small room for his daughter and make a nice and cute bedroom for her.

Arkadya asks a loan of AMD 1,100,000 to make a nice bedroom for his lovely daughter and also to buy some furniture for that room.

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
  • 126
    View loans »
    Armenia Loans Fundraising
  • $16,733,225
    Funds lent in using Kiva
  • 405.8
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,725 helped Arkadya to make a nice bedroom for his daughter and buy furniture for that room.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Oct 4, 2013
Nov 4, 2013
Currency Exchange Loss:
Jul 17, 2014