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Irza
Irza is single and lives with his parents. He is 25 years old. For over 3 years, Irza has been in the cobbler business. He learned this profession from his father. Today his father is old and doesn’t work in the business. Irza’s mother is a housewife. So, Irza meets all the needs of his family. They have been IDP (Internally Displaced Persons) from Khojaly city for 21 years and now live in the Abseron region.

Today, Irza needs a loan amount of 2,000 AZN (Azerbaijan New Manat). It’s his first loan and with this loan he wants to buy new materials, for example different heel of shoes, color of shoes, animal skins and etc. Also he wants to repair his apparatus. Irza is thankful to the Kiva organization for this loan. In the future, he wants to get married and have a lovely family.

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

  • $10,800
    Average annual income
  • 26
    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 $2,550 helped Irza to buy new materials and to repair his apparatus.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 11, 2013
Listed
Dec 26, 2013
Currency Exchange Loss:
Covered
Ended:
Jan 17, 2015