Check out some available loans that are similar to this one!
Marine is 51 years old and she lives in the city of Spitak in Lori region. She has two daughters: the elder is married and living with her family, and her younger daughter is a student at the Yerevan State Conservatory Musical Institute. Marine’s husband died several years ago, and since their children were small Marine had to endure many difficulties alone in order to provide her daughters with good living conditions. As a result of her great efforts, both of her daughters have received higher education.

Marine works at the bank as a senior specialist. She lives alone, because her younger daughter who is a student lives in Yerevan in a rented flat. She is a very talented and clever girl. She simultaneously works at the choir.

Marine is asking for a loan of 800,000 Armenian drams in order to pay for her daughter’s postgraduate course and to buy some furniture for the rented flat where her daughter now lives.

Additional Information

More information about this loan

This loan supports students and teachers as part of Nor Horizon’s education program. Funds can be used for partial or complete payment of expenses related to higher education for students or for teachers who need to invest in assets for their profession. By supporting this loan, you're enabling access to education for students with limited options and assisting teachers to better educate their students.

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
  • 173
    View loans »
    Armenia Loans Fundraising
  • $17,141,425
    Funds lent in using Kiva
  • 404.9
    Armenia Drams (AMD) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $2,000 helped Marine to pay for her daughter’s postgraduate course and to buy some furniture for the rented flat where her daughter lives.
72% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Dec 16, 2013
Dec 28, 2013
Currency Exchange Loss: