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Eloglan is 42 years old, married and has three children: a 13-year old son who goes to school, an 11-year old daughter who is also in school and a son who is 3 years old. His family has been IDP (Internally Displacted Persons) from Füzuli city for 20 years and now they live in Mahmudlu village of Füzuli region.

Eloglan has cows. He sells their milk and dairy products (yogurt, cheese and etc). Today Eloglan needs 1350 AZN (Azerbaijan New Manat), for this reason he applied to Komak company for a loan. Eloglan plans to use that to supply for winter and wants buy enough hay for cows, vaccinations for them, etc.

It should be noted that it’s his third loan. Previously he took a loan from Kiva organization twice and those loans to promote the development of his business. Eloglan thankful for this loan to Komak company, Kiva organization and lenders. In the future to increase his business Eloglan wants to buy more cows.

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

  • $10,800
    Average annual income
  • 84
    View loans »
    Azerbaijan Loans Fundraising
  • $14,526,825
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,725 helped Eloglan to supply his cows for winter.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 13, 2013
Nov 30, 2013
Currency Exchange Loss:
Dec 17, 2014