Aybaniz has a small shop where she sells clothes. She is 36, married, does not have a child, Internally Displaced Person (IDP) from the Armenian-occupied territory of Azerbaijan Kalbacar region Djomerd village, settled in the Khirdalan settlement.
7 years ago she decided to start this business
For the first time she borrowed a loan of $400 and bought clohes.
For the second time she borrowed a loan of $1000 and bought jackets, raincoats.
Now she needs a loan of $1000 to expand the area of her shop.
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.