This 37-year-old man is Internally Displaced Person (IDP) from the Armenian-occupied territory of Azerbaijan, Fizuli region, Karakhanbeyli village. He settled in the Kayidish village, Fizuli region. He is married and has 2 children. He runs a small business selling clothes for men and women. He has been in the clothing business for over 5 years. His diligent, hard work has helped him to succeed in business.
He has rented a small shop in a fair.Now he needs a loan of $800 o buy this 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.