Currently, Nasiba’s workspace is small (4 sq. meters). Although her current income sustains her and her son, it does not generate enough income to buy more than very basic necessities. She’d like to use her loan of 2000 AZN to expand her business to attract more clients, hire an employee so that she can spend more time with her son, and be able to send him to university when the time comes.
About KomakKomak 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.
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