Funded

Total loan: $300
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Araik

Armenia
Yerevan, Armenia / Higher education costs

A loan of $300 helped to pay for university tuition.


Araik's story

Araik is a 43-year-old father of two children. He lives in Yerevan town with his wife and two sons.

Araik runs a little store where he trades in fruits and vegetables. Due to his friendly attitude and high-quality service, Araik has gained many loyal clients during one year of running the shop. Araik's elder son Stepan studies at Armenian State Agrarian University, in the department of food economics and management. Unfortunately, Araik's monthly income is only enough to cover the family's basic costs and it is very hard for him to save money for Stepan's education.

Araik has requested this loan to pay for his son's university tuition. This will enable Stepan to continue his education and become a good specialist.



Loan details

Loan length:

14 months
Disbursed date: December 17, 2012
Facilitated by Field Partner: SEF International

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: December 17, 2012
Facilitated by Field Partner: SEF International