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Ingilab
Ingilab is a 34-year-old man. He has a lovely family: a wife and two sons. His wife is a housewife and helps Ingilab in their family business. His elder son goes to the seventh class of school and his little son also is going to the fifth class of school. The family members are IDP (Internally Displaced Persons) from Fuzuli city and now live in Baku region.

Ingilab has been in an animal breeding business. He buys little calves, raises them and sells them in the bazaar to earn money. Summer is coming and he wants to vaccinate his animals. Therefore he has requested a loan in the amount of 800 AZN (Azerbaijan New Manat). Ingilab is thankful to Kiva and its lenders for this help. In the future he wants to start producing dairy products and selling them.

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
  • 64
    View loans »
    Azerbaijan Loans Fundraising
  • $14,165,975
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,025 helped Ingilab to pay for vaccinating his animals.
87% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 5, 2014
Listed
May 27, 2014
Currency Exchange Loss:
Possible