Araik runs a little store where he trades in fruits and vegetables. Due to his friendly attitude and high-quality service, Araik has gained many loyal clients during one year of running the shop. Araik's elder son Stepan studies at Armenian State Agrarian University, in the department of food economics and management. Unfortunately, Araik's monthly income is only enough to cover the family's basic costs and it is very hard for him to save money for Stepan's education.
Araik has requested this loan to pay for his son's university tuition. This will enable Stepan to continue his education and become a good specialist.
More information about this loan
This loan is part of SEF's new 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, graduate studies or vocational training. By supporting this loan, you're enabling access to education for students with limited options.
About SEF InternationalSEF’s mission is to extend business development and financial services to emerging entrepreneurs in search of productive opportunities to support their families and communities and to build bright futures for children in Armenia.
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