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Narine is from Yerevan. She studies at Russian-Armenian (Slavonic) University in the economics department.

Narine lives with her parents, grandmother, sister and brother. Her father is a taxi driver; his income is barely enough to cover the family's daily expenses. Narine works at a local company as a designer and does her best to help her parents to sustain the family. Unfortunately it is very difficult for her to save money for her education. She has applied for this loan to pay for her university tuition. This loan is very important for Narine to complete her education and become a good economist.

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
  • 173
    View loans »
    Armenia Loans Fundraising
  • $17,141,425
    Funds lent in using Kiva
  • 418.1
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Narine to pay for university tuition.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Mar 13, 2013
Mar 29, 2013
Currency Exchange Loss:
Mar 18, 2014