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25-year-old Gevorg lives in Yerevan with his mother. He is a very intelligent and proactive young man. He is proudly pursuing his university degree at Armenian State Economical University, where he specializes in the field of statistics. Together with his studies, Gevorg also works at the Ministry of Emergency Situations. Because he helps his mother with household costs, it is difficult to save money for his education. With this loan, he will pay for his university tuition. This will enable him to complete his education and ensure a better future for his mother.

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
  • 111
    View loans »
    Armenia Loans Fundraising
  • $16,727,525
    Funds lent in using Kiva
  • 407.1
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Gevorg to pay for university tuition.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 27, 2012
Dec 12, 2012
Currency Exchange Loss:
Dec 20, 2013