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Malakat
Malakat G. is 47 years old. Malakat and her family are IDPs (internally displaced people); they relocated from the city of Fuzuli and now live in the Absheron region. During the time of their flight from the occupied Karabaxa territory, her husband tragically died and she was left alone with two small children. Now, her 19-year-old daughter goes to college and her 17-year-old daughter is in school and also practices dance. They help their mama very much around the home and at work.

Malakat has been engaged in the business of selling clothes for five years already. Malakat now needs a loan in order to expand her place of business. Near her store, there is a space where she would like to combine with her store and improve it. Now, Malakat especially needs this loan, due to the fact that she is lucky enough to be able to send her children to school, and therefore she needs to expand her place of business and to start offering many new and varied products and earn more money for her family.
View original language description ↓
Malakat G. 47 let. Malakat i yeyo semya yavlayutsya IDP personami ,oni pereselenci iz qoroda Fuzuli seychas oni projivayut v Absheron regione.Vo vremya beqsta iz okkupirovannix territoriy Karabaxa yeyo muj traqicheski poqib i ona ostalas odna s dvuma malenkimi detmi,seychas yeyo deti dochka 19 let uchitsya v universitete i dochka 17 let kotoraya uchitsya v shkole a tak je zanimayestya tancami. Oni ochen pomoqayut mame po domu i po rabote.

Malakat uje 5 let zanimayestya etim biznesom prodaji odejdi. Malakat seychas nujdayetsya v 2000 AZN chtobi uvelichit pomesheniye. Ryadom s yeyo maqazinom yest mesto kotoroye ona xotelabi prisoyedenit k svoyemu maqazinu i uvelichit yeqo. Seychas Malakat osobo nujdayetsya v etoy ssude iz za toqo chto yeyo deti uchatsya ona tratit na ix uchebu mnoqo i poetomu ona nujdayetysa uvelichit pomesheniye i nachat prodovat mnoqo novix raznix tovarov i zarabotat bolshe deneg dlya svoyey semyi.

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
  • 47
    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 $2,500 helped Malakat expand her place of business.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Aug 10, 2010
Listed
Aug 19, 2010
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2012