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Elmaddin is 31 years old, married, and has a son. He is an IDP (internally displaced person) from Fizuli city. Now Elmaddin lives in the Fizuli region with his family. His wife stays at home, so he is the only one earning an income. His son goes to school and he is 15 years old. Elmaddin wants his son to become a sportsman.

Elmaddin started his business five years ago to grow and resell calves. Now he needs a loan of 2,000 AZN to buy more calves. He wants to use the money for the future of his child. In the future, Elmaddin wants to have a big farm for sheep and calves. This will be more profitable for his business. Elmaddin is thankful to Komak and Kiva for supporting him.

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

  • $10,800
    Average annual income
  • 30
    View loans »
    Azerbaijan Loans Fundraising
  • $14,344,150
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD
A loan of $2,550 helped Elmaddin to buy calves.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jun 7, 2013
Jun 28, 2013
Currency Exchange Loss:
Jul 28, 2013