Vahid is an Internally Displaced Person (IDP) from the Armenian-occupied territory of Azerbaijan Kalbadjar region , settled in Absheron region. He is married and has 2 children.His business is the sale of cut-glass wares.
He works hard for the success of his children. With this business he meets the needs of his family. He has been in this business for 5 years.
Having borrowed $400 he bought cut-glass wares.
The second time he borrowed $600 and made shelves.
The third time he borrowed $1000 and bought cut-glass wares.
Now he needs a loan of $1200 to open the 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.