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Sakit
Sakit is 35 years old and an internally displaced person from Fuzuli city. He currently lives in the Fuzuli region, an area still under Azerbaijan's jurisdiction. He is married and has two children, ages 13 and 14. His business is a stand from which he sells fruits and vegetables all year.

Sakit is seeking a loan of 2,000 Azerbaijani New Manats to expand his stand so that it would provide shade for his produce. He worries that the vegetables go bad too quickly under the heat of the sun during the summers and freeze during the winters. By building additional shelves on his stand, he could increase the shelf-life of the produce he sells.

Sakit hopes that by keeping his produce fresh longer, he can decrease the number of trips he takes to purchase them at the various bazaars, some of which are located quite a distance away.

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
  • 31
    View loans »
    Azerbaijan Loans Fundraising
  • $14,140,275
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,475 helped Sakit to expand his stand so that it would provide shade for his produce.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
May 26, 2010
Listed
Jun 4, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2011