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Hamid is 23 years old. He lives in the Baku Region together with his relatives. Hamid is single, without children. For three years, he has been selling horses. He buys young horses, raises them and then resells. This is how he earns a living for himself and his relatives. At present, Hamid needs 1500 AZN in order to buy winter feed for his horses. Hamid would like to expand his business and increase the number of horses in the future.
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Hamid 23 qoda. On jivet v Baku regione vmeste so svoyey semyoy. Hamid ne jenat i ne imeyet detey. Uje 3 qoda kak Hamid zanimayetsya prodajey loshadey. On pokupayet loshadey kogda oni bivayet malenkimi, potom koqda oni vzrosleyut on prodayot ix. Tem samim on zarobativayet dengi dlya soderjaniya sebya i svoyey semyi. Hamid seychas nujdayetsya v 1500 AZN chtobi kupit korm dlya loshadey dlya zimi. Hamid xochet razvit svoy bizness i uvelichit kolichestvo loshadey v budushem.

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
  • 18
    View loans »
    Azerbaijan Loans Fundraising
  • $13,949,625
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD
A loan of $1,925 helped Hamid to buy horse feed.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jun 9, 2012
Jul 10, 2012
Currency Exchange Loss:
Aug 9, 2012