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Sargis is from Yerevan where he lives with his parents, grandmother, and sister. He studies at Yerevan State Economic University. Sargis's parents work hard to earn an income and sustain the family's living. Together with his studies, Sargis works at local shop and financially supports his family. Because of high costs, it is very difficult for Sargis to save money for his education.

Sargis is requesting a loan, which he will use to pay for his university tuition. Completing his education, finding a well paid job, and ensuring a better life for his family are Sargis's goals.

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
  • 104
    View loans »
    Armenia Loans Fundraising
  • $14,006,425
    Funds lent in using Kiva
  • 417.2
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Sargis to pay for university tuition.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
May 29, 2013
Jun 4, 2013
Currency Exchange Loss:
Jul 17, 2014