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Susanna is a teacher with 20 years of experience teaching in the local school. She lives in the small village of Burastan, which is in Ararat region. Unfortunately, a teacher’s salary is not enough to make ends meet for a family of four: her 18-year-old daughter, 12-year-old daughter, husband and father-in-law. In the city, there is a high unemployment rate, but a farm business helps the family have some stable income. Susanna's elder daughter Lilit studies at Armenian State Pedagogical University with Khachatur Abovyan in the faculty of mathematics, physics and informatics. Susanna works hard to sustain the family and cover Lilit's education costs, but it is very difficult for her. Susanna has applied for this loan to pay for her daughter's university tuition.

The loan is very important for Lilit. She dreams of getting a higher education and becoming a teacher like her mother.

Additional Information

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 International

SEF’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.

About Armenia

  • $6,300
    Average annual income
  • 135
    View loans »
    Armenia Loans Fundraising
  • $14,888,900
    Funds lent in using Kiva
  • 414.2
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Susanna to pay for university tuition.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 19, 2013
Mar 25, 2013
Currency Exchange Loss:
Apr 16, 2014