Mazakhir was born in 1986, and lives in the Salyan region, Khaladj village. He has a general store, where he sells clothes, slippers, etc. Now he needs a loan of $1200 to buy goods to improve his business and to attract more clients. This will allow him to increase his income. He started his business eight years ago.
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.