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Namig
Namig was born in 1981. He is an Internally Displaced Person (IDP) from Armenian-occupied Fuzuli town in Azerbaijan and is settled in the Finnish houses, which were built temporarily on the front line in the Fuzuli region. Namig is married and has two children. He has run his clothing business for five years. Now he needs a loan of $850 to buy clothes, to help improve 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
  • 11
    View loans »
    Azerbaijan Loans Fundraising
  • $13,933,925
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Namig to buy clothes to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jan 18, 2008
Listed
Jan 3, 2008
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2009