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Galib
Galib lives in Yenikand village, Salyan region He is 42, married, has 2 children.
He needs a loan of $1000 to buy a water heater for his hair dressing salon.
Galib has a strong belief that he will get more clients after purchasing all the equipment needed for a modern salon and this will lead to increased income.He has worked in this salon for 4 years.
This business has allowed him to provide a good source of income for his family .
He made an a strong effort to improve his services.
His salon attracts regular clients.

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
  • 64
    View loans »
    Azerbaijan Loans Fundraising
  • $14,162,625
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Galib to buy a water heater.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 11, 2007
Listed
Mar 27, 2007
Currency Exchange Loss:
N/A
Ended:
Jun 12, 2008