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.
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.