Check out other loans that are currently fundraising!
Mehman
Mehman is 40 years old and lives in Baku. He is married and has two daughters, ages eleven and fourteen. They are students. His little daughter is studying in the fifth grade and the elder daughter is in seventh grade.

Mehman is a furniture master. He repairs old furniture in his area. He started this business 20 years ago. Mehman began his business because he wants to take care his family. His place of work is his houses yard. He wants to buy furniture repairing instruments. He needs 1850 AZN loan.

Mehman requested for this loan to Kiva organization to buy new repairing instruments.He thankful to Kiva.

He wishes that his sons successfully finished them education. In the future he plans to take place and to repair furniture in his own place.

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
  • 33
    View loans »
    Azerbaijan Loans Fundraising
  • $14,042,275
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,375 helped Mehman to buy furniture repairing instruments.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 11, 2013
Listed
Oct 4, 2013
Currency Exchange Loss:
Covered
Ended:
Apr 17, 2015