Sakinakhanim (her husband is pictured) is the mother of three children. One year ago her family started this business. Sakinakhanim is 53 years old and she lives in the Khachmaz region, in the village of Garagurtlu. Now they need a loan of $825 to buy fertilizer and pesticides to improve their orchard and then they will be able to meet all demands of their family.
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.