Update on VadimVadim is 47 years old. He has been married since he was 19 years old. His family is from Fuzuli city and they now live in Baku region. For 21 years already, Vadim’s family are an IDP (internally displaced peoples) from their native land of Fuzuli city. Vadim’s wife is a tailor. He has two sons and a daughter. The elder son goes to eleventh class, the other son goes to ninth class and the daughter goes to first class of medical college.
Vadim is a taxi driver. Today he wants to increase his business. Therefore he has applied for a loan in the amount of 1000 AZN (Azerbaijan New Manat) to repair his car’s interior. He is thankful to Kiva organization for their help. In the future Vadim wants to buy new wheels for his car.
Previous Loan DetailsVadim N. was born in 1966, is married and has three children. He is an internally displaced person (IDP) from the Armenian-occupied territory of Azerbaijan, Fuzuli town, and is now settled in the Absheron region. Vadim uses his car to transport agricultural produce. He has been in this business f... More from Vadim's previous loan »
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 KomakKomak 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.
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