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Eldaniz
Eldaniz is applying to Kiva for a second loan. He sells clothes. Eldaniz needs a loan of 2000 AZN to buy clothes to expand his clothing sales business. At this moment he sells children's clothing. Now he plans to sell clothes for adults also. The weather is becoming cold and he would like to buy the warm clothes for sale.



"I am very thankful to Kiva lenders for the loan. With your help I improved my business and I cannot ever forget that," Eldaniz says.

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
  • 21
    View loans »
    Azerbaijan Loans Fundraising
  • $14,050,875
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,500 helped Eldaniz to buy clothes to sell.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 2, 2009
Listed
Nov 5, 2009
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2011