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Hrant is 54 years old and lives in Vanadzor city in the Lori region. Hrant is married and has a son and a daughter. His son is married and he lives separately with his family. Hrant’s daughter is divorced and she and her child live with her parents. Hrant works at a dental clinic as a driver and he delivers medicine and medical equipment for the clinic. Hrant is the only one who makes money in the household and it is very hard for him to overcome all his family’s financial problems alone.

He is asking for a loan of 350.000 Armenian drams, which he needs to make bathroom repairs, in order somehow to improve his family’s living conditions.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.


About Armenia

  • $6,300
    Average annual income
  • 175
    View loans »
    Armenia Loans Fundraising
  • $17,141,425
    Funds lent in using Kiva
  • 412.0
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Hrant to pay for repairs to his bathroom.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Jan 31, 2014
Feb 21, 2014
Currency Exchange Loss:
Mar 23, 2016