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Vafadar
Vafadar is an internally displaced person (IDP) from Fizuli city, where he lives with his family. He is 42 years old, married, and has two daughters. He is the only one earning an income, as his wife stays at home. One of his daughters helps him at work and the other attends school. Vafadar started his business of raising and selling calves 7 years ago. Now he needs a loan of 2,000 AZN to make a new stall for the calves. In the future, Vafadar wants to get more calves for his new stall. He wants to use his earnings for his wife's future medication and his daughters' future.

Vafadar 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

  • $6,171
    Average annual income
  • 22
    View loans »
    Azerbaijan Loans Fundraising
  • $13,951,900
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD
Expired
A loan of $2,550 helped Vafadar to make a new stall for his calves.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jun 20, 2013
Listed
Jul 6, 2013
Currency Exchange Loss:
Covered
Expired:
Aug 5, 2013