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Sargis is 27 years old and he lives in Vanadzor city. He graduated from Yerevan State Medical University and now he attends the same University’s clinical study courses (residency). He is a first year student of residency and his specialization is, ear, nose and throat (ENT).

Sargis is asking for a 400.000 AMD loan to pay for his tuition fee for the first semester. He is sure that after graduation he will be able to get a job in a hospital. He has always dreams of being a doctor.

Now he works as an engineer assistant. His present occupation allows him to support himself and his younger brother as well.

Additional Information

More information about this loan

This loan is part of NorHorizon's education program, designed to finance school tuition for students whose families have low incomes or work in informal sectors of the economy. Funds can be used for partial or complete payment of expenses related to higher education. By supporting this loan, you're enabling access to education for students with limited options. 

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
  • 125
    View loans »
    Armenia Loans Fundraising
  • $14,072,150
    Funds lent in using Kiva
  • 409.6
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Sargis to pay for his tuition fee for the first semester.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Aug 29, 2012
Aug 31, 2012
Currency Exchange Loss:
Mar 17, 2014