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Gevorg is 22 years old, and lives in the village of Agarakavan with his parents and three brothers. He studies at the Armenian State Institute of Physical Culture, in the department of adaptive physical culture. He also works at local school as a teacher of physical culture.

The whole family works hard to sustain their living and cover their basic needs. It is very hard for Gevorg to save money for his education, so he has applied for this loan to pay for his university tuition. The loan will enable him to complete the education and become a good specialist.

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
  • 174
    View loans »
    Armenia Loans Fundraising
  • $17,141,425
    Funds lent in using Kiva
  • 407.8
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Gevorg to pay for university tuition.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 24, 2013
Jan 30, 2013
Currency Exchange Loss:
Dec 20, 2013