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Farkhad
Farkhad K. is married and has 3 children. He is an Internally Displaced Person (IDP) from the Armenian-occupied territory of Azerbaijan,Fuzuli town, now settled in the Fuzuli region, in Kayidish village, which is built for IDPs . He has repaired vehicles and cars for four years. Now he needs a loan of $975 to buy necessary materials for repairing vehicles and cars to improve his 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
  • 17
    View loans »
    Azerbaijan Loans Fundraising
  • $13,944,675
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Farkhad to buy necessary materials for repairing vehicles and cars.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 18, 2008
Listed
Jun 3, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2009