Check out other loans that are currently fundraising!
Margarit is a mom of two sons, living in Bazmaberd village, Aragatsotn region. Together with her husband, Margarit runs a little farm that includes two cows and 30 chickens. Their elder son, Zaqar (18 years old), studies at Yerevan State University and specializes in the department of history.

Because the farming business is the only source of her family's income, it is very difficult for Margarit to sustain the family's living and at the same time save money for Zaqar's education. So, Margarit has requested a loan from SEF International, in order to pay her son's university tuition. The loan is very important for Zaqar to be able to get a higher education and become a good specialist with a well-paid job.

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
  • 138
    View loans »
    Armenia Loans Fundraising
  • $15,744,675
    Funds lent in using Kiva
  • 415.2
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Margarit to pay university tuition for her son.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 19, 2013
May 20, 2013
Currency Exchange Loss:
Feb 17, 2014