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Shushanik is a 21-year-old student from Aygestan village. She studies at Armenian State Pedagogical University.

Shushanik lives with her parents and is the only child in the family. Her parents work hard to earn income and cover the family's basic costs so it is very difficult for them to save money for Shushanik's education.

Shushanik has applied for this loan to pay for her university tuition. The loan is very important for her to complete her education and ensure a better life for her parents.

Additional Information

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
  • 125
    View loans »
    Armenia Loans Fundraising
  • $16,783,950
    Funds lent in using Kiva
  • 418.3
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Shushanik to pay for university tuition.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 11, 2013
Apr 20, 2013
Currency Exchange Loss:
Apr 16, 2014