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Elgun
Elgun was born in 1986 and is single. He is an Internally Displaced Person (IDP) from the Armenian-occupied territory of the Fuzuli region in Azerbaijan.

Elgun has been in the clothing sales business for a year. Now, this young man needs a loan of $1200 USD to buy more clothing to expand and improve his business.

Additional Information

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
  • 23
    View loans »
    Azerbaijan Loans Fundraising
  • $14,289,125
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Elgun to buy more clothing to expand and increase his business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 16, 2008
Listed
Sep 2, 2008
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2009