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Ramil
Ramil is an Internally Displaced Person (IDP) from the Armenian-occupied territory of Azerbaijan, Agdam region. He is single and lives in the Khirdalan settlement.
This 30-year-old man has run his own grocery store for 5 years.
He used his first loan of $400 to buy a refrigerator and his second loan of $600 to increase his inventory and buy grocery scales.

He is asking for a loan of $1000 to equip his grocery for the sale of agricultural produce.

Additional Information

About Komak

Komak means “help” in Azerbaijani. As of its creation in 1999, Komak has kept true to its name by helping thousands of Internally Displaced Persons, refugees and the economically disadvantaged by providing these groups with sustainable credit services. As of 2010 Komak’s $2.5 million portfolio serves 1513 clients, 81% of whom are IDPs, and 40% of borrowers are women. In 2009, Komak was cited in a report by the United Nations General Assembly as one of Azerbaijan's prominent forces in restoring the local economy by enabling small and medium enterprises with credit. For more on Komak, please join our lending team, Friends of Komak Credit Union.

About Azerbaijan

  • $6,171
    Average annual income
  • 25
    View loans »
    Azerbaijan Loans Fundraising
  • $14,085,050
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Ramil to equip his grocery for the sale of produce.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 10, 2007
Listed
May 19, 2007
Currency Exchange Loss:
N/A
Ended:
Aug 11, 2008