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Anar
Anar is 33 years old and married. He has two children, an 8-year-old son and a 5-year-old son. Anar has been an IDP (Internally Displaced Person) from the city of Fuzuli. Now he lives in the Fuzuli region, which is close to the occupied border, with his family. His wife stays at home, so he is the only one making an income. His sons are going to preschool and primary school. Anar wants his sons to be a doctors.

Anar started his taxi-driving business three years ago. Now he needs a 1,500 AZN (Azerbaijan New Manat) loan to buy car wheels because his car has broken down. He is thankful to Komak Credit Union and Kiva for supporting him. He wants to use the money from his business to help his family and to change his car. In the future, Anar wants to buy a new car because this car is old and uncomfortable for passengers. This will make his business more profitable.

Additional Information

More information about this loan

This loan supports Komak clients who are designated as Internally Displaced Persons (IDPs) in Azerbaijan. An internally displaced person (IDP) is someone who has been forced to flee his or her home due to armed conflict, violence, human rights violations, or natural or manmade disasters, but who, unlike a refugee, has not crossed an international border. Azerbaijan is home to over 600,000 IDPs, who face limited access to employment adequate housing, water and electricity. Many of these people have also failed to qualify for loans through formal channels due to low income and lack of collateral. Komak has been working to support IDPs since 1999. By funding this loan, you are creating opportunities in extremely underserved communities.

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
  • 12
    View loans »
    Azerbaijan Loans Fundraising
  • $13,942,725
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,925 helped Anar to buy car wheels.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 25, 2013
Listed
May 17, 2013
Currency Exchange Loss:
Covered
Ended:
May 17, 2014