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Ali Rashid
The R. family lives in Khudat town, in the Khachmaz region. Ali is 50 years old, married and has five children. Four years ago he started his own business. He has a lot of regular clients. All come to his café to forget their problems.
He is requesting a loan of $825 to buy glasses and other necessary things for his cafe.

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

  • $10,800
    Average annual income
  • 17
    View loans »
    Azerbaijan Loans Fundraising
  • $14,249,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $825 helped Ali Rashid to buy glasses and other necessary things for his cafe.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 19, 2007
Listed
Nov 3, 2007
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2008