Solmaz is 51years old and a mother of two children. She is an Internally Displaced Person (IDP) from the Djabrayil region of the occupied territory of Azerbaijan. She is now living and working in the Absheron region, Binegedi Shosse.
Solmaz has been in the retail business for ten years and now needs a loan of $875 to purchase more products to supply her customers and increase her sales.
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.