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Fikret
Fikret A. lives in the Absheron region. He is married and has 3 children. Fikret is 51 years old. Two of his children are already married, and one daughter, who is only 18 years old, is getting ready to get into a university to study economics. Fikret has been involved in this business for 10 years. Previously, he kept sheep and sold their skin and meat. And now, he decided to keep cows and already has 2 cows. However, he also wants to buy more cows in order to have more milk for sale and more profits. The profits are small with two cows. In the future, he also want to start making cheese.
View original language description ↓
Fikret A. jivet v Absheron regione. On jenat i imeyet 3 detey. Fikretu 51 qod. Iz eqo detey 2 uje jenilis i toka odnoy eshe 18 let i ona qotovitsya postupit v universitet na ekanomiku.

On uje 10 let zanimayetsys etim biznesom. Ranshe on derjal ovec i prodoval ixniye koju i myaso. A seychas on reshil derjat korov i u neqo uje yest 2 korovi. no on xochet kupi eshe shtobi bilo pobolshe maloka dlya prodaji i pribil bila bi bolshe. S dvuma korovami pribil malenkaya. I v budushem on xotel bi rpoizvodit i sir.

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
  • 20
    View loans »
    Azerbaijan Loans Fundraising
  • $14,215,400
    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 Fikret purchase of cows.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jun 29, 2010
Listed
Jul 3, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2012