Mahira I. is 34 years old. She is married and has two children. Mahira used to live the city of Baku, but now she lives in Absheron region. Because she has moved Mahira had to change her store.
Mahira has been in the business of selling groceries for five years. This is her second loan and has is very grateful to the lenders for the first one. Right now she needs 2000 AZN to stock up on groceries for resale.
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.