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Ali
Ali K. is 44 years old. He is married, with two children: an 18-year old daughter who has been admitted to the university this year and a 16-year old son who goes to school. Ali is an Internally Displaced Person, a refugee from the Kalbadjar Region. He currently lives in the town of Khirdalan.

This is Ali’s second loan. He is very grateful for his first loan and for lenders’ help with his business. A year ago he launched a new business, opening an “Internet club.” At present he needs 2000 AZN in order to expand his facility and be able to accommodate more computers.
View original language description ↓
Ali K. 44 qoda. On jenat i imeyet 2 detey doch 18 let kotoraya v etom qodu postupila v universitet i sin 16 let kotoriy uchitsya v shkole. On yavlyayetsya IDP personom i pereselenec iz Kalbadjar regiona ,seychas projivayet v Khirdalan qorode.

Eto uje vtoroya ssuda Ali on ochen blagodaren za pervuyu ssudu za to chto lenderi pomoqli yemu i yeqo biznessu. Ali 1 qod tomu nazad nachal noviy bizness ,on otkril "internet club". Seychas on nujdayetsya v 2000 AZN chto bi rasshirit pomesheniye chtobi on smoq pomestit bolshe kompyuterov.

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
  • 39
    View loans »
    Azerbaijan Loans Fundraising
  • $13,960,650
    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 Ali expanding his facility.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Aug 30, 2010
Listed
Sep 18, 2010
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2012