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Adalet
Adalet is 52 years old and is married with two children. His son is 19 years old and is studying a secondary course at college. His daughter is 17 years old and is in eleventh class at school in preparation for music college. The family is living in the Absheron region but are refugees from occupied territory – Fuzuli city.

Adalet is a master who makes wooden doors and windows. He now needs a loan amount of 1,550 AZN (Azerbaijan New Manat). With this loan, he wants to buy materials which he needs in his work, for example, wood, glass, hinges, etc. He says he is greatly thankful to the Kiva organization for its aid.

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
  • 39
    View loans »
    Azerbaijan Loans Fundraising
  • $14,140,275
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $2,000 helped Adalet to buy materials, for example, wood, glass, hinges, etc.
98% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 26, 2014
Listed
Mar 16, 2014
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2015