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Balabey has plot of land.
6 years ago he decided to start this business. The soil of his plot of land is salty. He requests a loan of $800 to irrigate his plot of land.
Balabey was born in 1956 in Khaladj village,Salyan region. He is married and has 2 children.

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

  • $10,800
    Average annual income
  • 85
    View loans »
    Azerbaijan Loans Fundraising
  • $14,526,825
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Balabey to buy irrigation material.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Apr 11, 2007
Mar 27, 2007
Currency Exchange Loss:
Jun 12, 2008