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Osman
Osman was born in 1958. He is married, has 3 children, and is an Internally Displaced Person (IDP) from the Armenian-occupied territory of Azerbaijan Fuzuli town. He is settled in the Fuzuli region of Kayidish village, which is built for IDPs. Three years ago he started this business. Now he needs a loan of $1200 to buy a cow, which he hopes will improve his dairy 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
  • 34
    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 Osman to buy a cow.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 24, 2008
Listed
May 30, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2009