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Sep 13, 2016 6:39 EST

Armenia: Hovakim – A loan of $2,025 helps to cover the surgery expenses as his elder son has very serious health problems and he must have surgery.

iCrowdNewswire - Sep 13, 2016

Hovakim

Armenia
 
Sevan, Armenia / Personal Medical Expenses
 
Borrower image
 

Hovakim’s story

Hovakim is 50 years old. He lives with his wife and two sons in Sevan city of Gegharkunik region.

Hovakim is employed. He works at a private company. His wife also works and she has her own small clothes trading business.

Both of their sons are doing construction work by order along their region.

Hovakim is asking for a loan of 950,000 Armenian drams since his elder son has very serious health problems and he must have surgery. So this loan is the only way for the family to cover the surgery expenses. 

This loan is special because:

It allows low-income families to access needed health services. 

Kendra Thorogood
Kiva staff 

More about this loan

This loan is designed for low-income families in Armenia who have medical expenses they can’t afford to pay. Low-income families are often forced to sell family assets or resort to informal lenders in order to pay for unexpected medical bills. The loan is designed to give clients a helping hand by providing a low interest rate. By funding this loan, you are supporting low-income families and providing access to both finance and healthcare.

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 http://www.kiva.org/team/armenia.

A loan of $2,025 helps to cover the surgery expenses as his elder son has very serious health problems and he must have surgery.

Contact Information:

Hovakim

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