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Update on Ani

Ani is from Yerevan. She is married and lives with her husband and his family.

Ani is taking her master's degree at Yerevan State University and now is in her second course. As she is very hardworking and studies very well, she works at the same university as an assistant.

Ani applied for a loan to SEF International in order to pay her tuition fee of the first semester. Now, with a good credit history behind her, she has applied for her second loan.

Ani needs the loan to pay for her university tuition fee of the second semester. It is very important for Ani to complete her education and get a master's degree.

Previous Loan Details

Ani is 22-year-old student from Yerevan. She is taking her Master's Degree at Yerevan State University in the faculty of philology. She is in her second course. Ani has applied for this loan in order to pay her tuition fee for the first semester. Ani lives with her husband, mother-in-law, and bro... More from Ani's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Armenia

  • $6,300
    Average annual income
  • 134
    View loans »
    Armenia Loans Fundraising
  • $14,328,850
    Funds lent in using Kiva
  • 411.4
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Ani to pay for university tuition fee of the second semester.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 25, 2013
May 3, 2013
Currency Exchange Loss:
May 17, 2014