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Farman
Farman Bugadov is forty-six years old. He's married and has 3 daughters: twenty, nineteen and fifteen years old. The former two attend a university, while the younger daughter goes to school. They live in the Absheron region. For seven years, Farman has sold women's clothing, which his wife knits. Recently, his daughters have also started to knit (they really enjoy making interesting new designs on the clothing) and contribute their work for sale. However, Farman's shop isn't particularly large, so he has no room for this new inventory. He's asking for a loan of 2000 AZN to increase the area of his shop so he can put these products up for sale.
View original language description ↓
Farman B. 46 let. On jenat i imeyet 3 detey, doch 20 let i doch 19 let uchatsya v universitet a doch 15 let uchitsya v shkole. Farman jivet v Absheron regione vmesto so svoyey semyoy.

Farman uje 7 let zanimayetsya etim biznessom prodaji jenskoy odejdi. Kan vi videte na fotoqrafii on prodayet sherstyanuyu odejdu , etu odejdu vajet jena Farmana , ranshe eto pomesheniye im xvatalo no seychas uje dochki Farmana toje nauchilis vazat( oni ochen lubat delat interesniye uzori na odejdax, lubat delat novshestva) i poetomu u nix poluchayetsya mnoqo tovarov kotorix oni ne moqu pomestit v eto pomesheniye. Seychas on nujdayetsya v 2000 AZN chtobi rasshirit pomesheniye dlya razvitiya i prodaji mnoqo tovarov.

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
  • 22
    View loans »
    Azerbaijan Loans Fundraising
  • $14,215,400
    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 Farman to expand his shop.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 23, 2010
Listed
Nov 25, 2010
Currency Exchange Loss:
Covered
Ended:
Jun 22, 2012