Latifa is 58 years old, married, and has 2 children . She is lives in the Khachmaz region, in Muktadir village. Five years ago she started this business. In the picture, you can see the oven where she bakes the bread. This oven is called "kherek" in Lezghin. She bakes Lezghin bread and sells it to support her family. Now she needs a loan of $725 to buy flour, firewood and other necessary things for baking bread.
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.