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Dursun
Dursun is married, and she lives with her family at Dilagarda Village of the Fuzuli region. But they are an IDPs (Internally Displaced Persons) from Füzuli city. Dursun’s eldest son is married, has a child and lives with his family and parents. Her daughter is married too. Dursun has been in the poultry business, and she earns money by selling eggs and chickens to regular customer neighbors.

Today Dursun wants to increase her business and applied to Komak Company for a loan in the amount of 2,100 AZN (Azerbaijan New Manat). With this loan she wants to buy more poultry. With an increase in her business, the number of clients will be more and the monthly income will be better. She says she is thankful to the Kiva organization for aid. In the future she wants to have a poultry enterprise.

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

  • $6,171
    Average annual income
  • 32
    View loans »
    Azerbaijan Loans Fundraising
  • $14,042,275
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,700 helped Dursun to buy more poultry.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 17, 2014
Listed
Jan 31, 2014
Currency Exchange Loss:
Covered
Ended:
Feb 17, 2015