Check out some available loans that are similar to this one!
Samvel lives in Vanadzor city, in the Lori region of Armenia. He has been an educator for many years and is now working as a geography teacher. Samvel is married and he has two children. His son is already grown up and is a director of the school in Tashir city, while his daughter is married, lives with her family and is also a teacher.
Samvel also teaches individual students at his home, preparing them for their entrance examinations. He is a much respected teacher and a beloved father and husband to his family. He says that he always does things thoroughly and with great dedication, and so he wants provide interesting and useful lessons both at school and for his private students.
Samvel is asking for a loan of 700,000 Armenian drams in order to buy a computer and interesting and necessary literature for his teaching.

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


About Armenia

  • $6,300
    Average annual income
  • 169
    View loans »
    Armenia Loans Fundraising
  • $17,141,425
    Funds lent in using Kiva
  • 404.6
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,750 helped Samvel to buy a computer and literature for his teaching.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Nov 11, 2013
Nov 30, 2013
Currency Exchange Loss:
Dec 17, 2015