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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.

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
  • 167
    View loans »
    Armenia Loans Fundraising
  • $17,075,775
    Funds lent in using Kiva
  • 407.1
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Narine pay for her daughter's tuition.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Oct 18, 2012
Nov 2, 2012
Currency Exchange Loss:
Nov 18, 2013