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Arsen is the student of the American University of Central Asia and here is his story.

“When I was graduating from the Kyrgyz-Turkish High School, at the end of the year, I got offers from many universities. I got good scores and enrolled in many Universities in Turkey, Malaysia, Europe, but due to financial restrictions I chose Pamukkale University in Turkey for a full scholarship. After four months of studies at the department of Management and Marketing, I had to come back to my home country due to some family reasons. My knowledge, leadership and communication skills are the most important values for being a successful businessman. The BA department at AUCA caught my attention more than other departments. I believe that the business trend in AUCA is based on knowledge and not corruption, which is very important for me. AUCA offers lots of possibilities for realizing my business ideas, organizing various projects, etc. I want to take an active part in the social life of AUCA, take the initiative and direction for me to acquire the knowledge that I am going to use in the implementation of my future projects and business ideas. In our country, even abroad, the majority of graduates of BA programs of AUCA work in good positions that help to keep the BA program one of the most promising areas. Once I finish this program, I see myself as a successful businessman and plan to open my own business centers, as well as launch a number of projects that will help to stabilize the economy of our country.

The only problem that I have is financial difficulties of my family. For this reason, I am taking an opportunity and applying for a Kiva loan, which will help me to cover my tuition fees. Taking the opportunity, I would like to thank AUCA for such a unique program that gives all of its students a chance to get funded.”

Additional Information

About American University of Central Asia

The American University of Central Asia (AUCA) is a nonprofit, international, multidisciplinary university in Bishkek, Kyrgyzstan. Founded in 1993 with the support of the United States Government and the Open Society Institute, it provides a unique American-style liberal arts curriculum for top students in the region.

About 90% of AUCA students receive financial aid of some sort. Kiva lenders’ funds are used to supplement financial aid packages with loans offered to students starting their freshman year at the university.


About Kyrgyzstan

  • $2,500
    Average annual income
  • 68
    View loans »
    Kyrgyzstan Loans Fundraising
  • $11,317,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Arsen to pay for my higher education.
100% repaid
Repayment Term
81 months (Additional Information)
Repayment Schedule
Nov 30, 2013
Oct 10, 2013
Currency Exchange Loss:
Nov 21, 2014