Check out other loans that are currently fundraising!
Gohar is 40 years old and lives with her children in the village of Siznak in the Syunik region. Gohar for some time worked at the Kapan factory as a worker, but since 2011, she has had her small business of clothes trading at her house.

Gohar is divorced, and she just works night and day to provide for her two children. Her daughter is 20 years old, and she gives hairdressing services at their house, and her son is still in school.

Gohar has a little farm, where she breeds 5 cows, 2 calves and a bull. She sells a great amount of milk and macun (Armenian national dairy product). Her farm brings rather good income, which solves the major part of their financial problems, so Gohar has serious intentions to develop it.

She needs this loan in the amount of 500,000 Armenian drams in order to buy hay and fodder for her farm cattle.

Additional Information

More information about this loan

This loan is designed for borrowers in rural areas with a special focus on the agribusiness sector in Armenia.

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
  • 413.7
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Gohar to buy hay and fodder for her farm cattle in order to develop her farm.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Apr 18, 2014
May 18, 2014
Currency Exchange Loss:
Nov 18, 2014