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Azar
Azar Valiev is 37 years old. He is married and has three children. His daughter is nine years old and she goes to school and takes dancing lessons. Another daughter is seven and she is also in school and his son is one years old. Azar is an internally displaced person and has been relocated from Fuzuli and now lives in the region of Absheron together with his family.

This is a second loan for Azan and he is very grateful for the first one. With the help of the first loan he expanded his business and increased his budget which enabled him to open his store. It has been one year since he opened the store. He has learned his business from his uncle. At this time he needs 2000 AZN to expand the store.
View original language description ↓
Azar V. 37 let. Om jenat i imeyet 3 detey, doch kotoroy 9 let ona uchitsya v shkole i zanimayetsya tancami, doch kotoroy 7 let ona uchitsya toje v shkole i sin kotoromu 1 qod. Azar yavlyayetsya IDP personom on pereselenec iz Fuzuli i seychas projivayet v Absheron regione vmeste s semyoy.

Eto uje vtoraya ssuda Azara on ochen blaqodaren lenderam za pervuyu ssudu. S pomoshyu pervoy ssudi on razvil svoy bizness i uvelichil svoy budjet i poetomu reshil otkril sebe magazin. On uje 1 qod kak otril magazin. Etomu biznessu on nauchilsya u svoyeqo dyadyi. Seychas on nujdayetsya v 2000 AZN chtobi uvelichit pomesheniye.

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

  • $10,800
    Average annual income
  • 26
    View loans »
    Azerbaijan Loans Fundraising
  • $14,289,125
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,525 helped Azar to expand the store.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Oct 15, 2010
Listed
Nov 8, 2010
Currency Exchange Loss:
Covered
Ended:
May 15, 2012