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Gulachar
Gulacar is married and is 46 years old. Her family is IDP (internally displaced persons) from Füzuli city, and now live in Mahmudlu-1, a village of the Fuzuli region near a war zone. She lives with her husband and her son. Gulacar’s daughter is married. Gulacar's husband is a vendor at the village market . Gulacar has been engaged in sheep breeding for a long time. Her son helps her.
Gulacar has a few sheep. She buys a lamb, raises it and sells it to earn money. Today she needs 1300 AZN to buy new sheep for this business income.
Gulacar is thankful for Kiva, a partner of Komak organization, for the aid. In the future she wants to increase her business and monthly income.

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
  • 49
    View loans »
    Azerbaijan Loans Fundraising
  • $14,162,625
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,675 helped Gulachar to buy sheep.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Sep 19, 2013
Listed
Oct 24, 2013
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2014