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Hamid
Hamid is a married man with two children. He is a 54-year-old Internally Displaced Person (IDP) from the Armenian-occupied territory of Azerbaijan, now living in Fuzuli town and settled in the Finnish houses, which are built temporarily on the front line in the Fuzuli region.

Hamid operates a general store and has been in this business for 10 years. Now he needs a loan of $1200 to buy goods for improving his business.

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
  • 32
    View loans »
    Azerbaijan Loans Fundraising
  • $14,042,275
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Hamid to buy goods for his store.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jan 18, 2008
Listed
Jan 3, 2008
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2009