A loan of $1,000 helped pay for her daughter's tuition.

Narine's story

Narine lives in Kajaran town in the Syunik region with her husband and 2 children. Narine’s husband, Edik, runs a little facility where he repairs cars and provides other technical services for cars. Narine’s 2 children are both students. Her daughter, Zhenya, is in the 1st course in Armanian State Pedagogical University, studying primary education pedagogy, and her son, Garnik, is in the 3rd course in Armenian State Engineering University.

Edik is the only breadwinner in the family, and the profit he earns from his business is barely enough to make ends meet. The universities where children study are located 327 km from Kajaran, and Narine has to rent a house for their children to live in Yerevan. She also has to provide her children the necessary financial means to cover daily costs. All these costs do not allow Narine to make savings to pay all her children's tuiton fees. Narine has applied for a loan of AMD 400000 to pay her daughter's annual tuition fee.

Loan details

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Loan details