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Ikhtiyar
Ikhtiyar is 29 years old, married, and has 2 children. He is an Internally Displaced Person (IDP) from Fuzuli, the Armenian-occupied territory of Azerbaijan. Currently, Ikhtiyar is settled in Baku. For the past 3 years, he has been running a grocery sales business. At present, Ikhtiyar needs a loan of US$1,200 to buy various food items for sale in his store.

Additional Information

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

  • $6,171
    Average annual income
  • 25
    View loans »
    Azerbaijan Loans Fundraising
  • $14,045,550
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Ikhtiyar purchase of food items for sale.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 20, 2008
Listed
Oct 6, 2008
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2010