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Oktay
Oktay is an Internally Displaced Person from the town of Fuzuli now living in the Baku Region together with his family. He is married and has two children. Oktay is 48 years old. He has his own passenger van and transports passengers exclusively along the route between the towns of Baku and Fuzuli. At present he needs 2000 AZN in order to buy spare parts and repair his van, so as to improve and grow his business. He has been in this business for 11 years already.
View original language description ↓
Oktay yavlyayetsya IDP personom pereselenec iz Fuzuli goroda seychas projivayet v Baku regione vmeste so svoyey semyoy. On jenat i imeyet 2 detey. Oktay 48 let.
On imeyet svoy avtobus, yego trasportnaya liniya po kotoromu on perevozit ludey eto tolko put mejdu gorodami Baki-Fuzuli i obratno. Seychas on nujdayetsya v 2000 AZN chtobi kupit zapchasti dlya togo chtobi pochinit svoy avtobus , dlya uluchsheniya i razvitiya svoyego biznessa. Etim biznessom on zanimayetsya uje 11 let.

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
  • 12
    View loans »
    Azerbaijan Loans Fundraising
  • $13,942,725
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,550 helped Oktay to buy spare parts.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 25, 2011
Listed
Dec 4, 2011
Currency Exchange Loss:
Covered
Ended:
Jun 17, 2013