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Vachagan
Vachagan is from Gandzaqar village in the Tavush region. He is the father of two children and earns his income by cultivating land. His daughter, Azganush, is a 19-year-old student at the Ijevan branch of the Yerevan State University. Vachagan works hard to earn enough income to sustain his family and save for his daughter's education. Unfortunately the agricultural income is barely enough to make ends meet and, in order to pay Azganush's university tuition, Vachagan has applied for this loan.
This loan is very important for Vachagan and his daughter. He dreams that his children will become skilled specialists and find good jobs.

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

  • $6,400
    Average annual income
  • 90
    View loans »
    Armenia Loans Fundraising
  • $12,398,500
    Funds lent in using Kiva
  • 415.2
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Vachagan to pay for university tuition.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 8, 2013
Listed
May 20, 2013
Currency Exchange Loss:
Covered
Ended:
Jun 17, 2014