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Abbasgulu
Abbasgulu Y., 42, is an internally displaced person who had to resettle from the Fuzuli region to the Absheron region with his family. He has been working as a butcher for seven years. He learned this trade from his uncle, who also helped Abbasgulu start this business. Abbasgulu is applying for a 2000 AZN loan that would allow him to buy meat for resale and increase turnover.
View original language description ↓
Abbasgulu Y. 42 sqoda. On yavlyayetsya IDP personom, pereselenec iz Fuzuli regiona i seychas projivayet v Absheron regione vmeste so svoyey semyoy.

Abbasgulu uje 7 let kak rabotayet masnikom, etomu biznessu on nauchilsya u svoyeqo dyadi kotoriy i pomoq yemu zanatsya etim biznesom. Seychas on nujdayetsya v 2000 AZN chtobi kupit maso dlya pereprodaji i razvitiya svoyeqo biznessa.

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
  • 24
    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 Abbasgulu to purchase meat for resale.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Dec 13, 2010
Listed
Dec 17, 2010
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2012