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Ismayil
Ismayil is an IDP (internally displaced person) from Fizuli city. Now he lives in the Fizuli region with his family. Ismayil is 43 years old, married, and has two children, a daughter and a son. His daughter goes to school and his son goes to university. His daughter wants to be a journalist.

Ismayil started his business nine years ago raising sheep. Now he needs a loan of 2,000 AZN to repair his farm. He wants to use the money for his family's future. In the future, Ismayil wants to have more sheep and to buy calves for his farm. This will be more profitable for his business. Ismayil 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.

Tags

About Azerbaijan

  • $6,171
    Average annual income
  • 25
    View loans »
    Azerbaijan Loans Fundraising
  • $14,072,050
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,550 helped Ismayil to repair his farm.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jun 7, 2013
Listed
Jul 29, 2013
Currency Exchange Loss:
Covered
Ended:
Jul 17, 2014