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Mais
Mais is married and has two children. He is 36 years old. Mais’s son is going to fourth class of school. He is athletic, and in the future wants to be a famous judo fighter. Mais’s daughter is going to third class. His wife is a housewife and helps Mais on his business. They are IDP (Internally Displaced Persons) from the occupied zone of Djabrail city. Now Mais’s family is living at a hostel for refugees, which is located in Abseron region.

Mais has poultry. He buys a lot of chickens, raises them, and sells them and their eggs at a local bazaar. Today he needs a loan to buy more chickens for his family business. He has applied to Komak Company for a loan in the amount of 2,000 AZN. He says he is thankful to Kiva and all of the lenders for help. In the future he wants to buy a big and nice flat.

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
  • 28
    View loans »
    Azerbaijan Loans Fundraising
  • $14,255,775
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $2,550 helped Mais to buy more chickens.
98% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 4, 2014
Listed
Feb 21, 2014
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2015