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Anushik is 56 years old and she lives in Kapan city in the Syunik region. Anushik is married and she has a son and two daughters. All of her children are married and live separately with their families. Anushik has no higher education and she worked at different workshops and factories as a worker. She has great experience in the trading business. She has been running a fruit and vegetable trading business since 1998. She buys her stall products (pears, peaches, bananas, apples, watermelon, tomatoes, peppers, cucumbers, greens, etc.) from the farmers in the nearby villages and re-sells it at the city wholesale market.

Anushik is asking for a loan of 300,000 Armenian drams in order to enlarge the assortment of her stall, especially the fruit, which is in great demand during this summer season.

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
  • 171
    View loans »
    Armenia Loans Fundraising
  • $17,141,425
    Funds lent in using Kiva
  • 407.4
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Anushik to buy more fruit to enlarge the assortment in her stall.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Jul 1, 2014
Jul 15, 2014
Currency Exchange Loss:
May 17, 2015