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Nizami
Nizami was born in 1955. He is married, has 4 children, and is an Internally Displaced Person (IDP) from the Armenian-occupied territory of Azerbaijan, Lachin region, and is settled in the Absheron region. 15 years ago, he started this business. Now he needs a loan of US$ 1200 to buy meat to expand his butchery 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
  • 23
    View loans »
    Azerbaijan Loans Fundraising
  • $14,215,400
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Nizami to buy meat for re-sale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Aug 27, 2008
Listed
Jul 19, 2008
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2009