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Parviz
Parviz is a 33-year-old married man with three children. He lives in the Baki region with his family, but they have been IDP (Internally Displaced Person) from the city of Agdam for over the 20 years.

Parviz’s elder daughter is in the third class of school. Another daughter is going to first class and the youngest child is a 4 year-old boy who goes to kindergarden.

Parviz is a welder who welds different construction areas by order. He has been in this business for 4 years. He wants to repair his damaged equipment and has applied to Komak for 1,100 AZN.

He is thankful to Kiva organization for this 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
  • 64
    View loans »
    Azerbaijan Loans Fundraising
  • $14,162,625
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,425 helped Parviz to repair damaged equipmenet.
96% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 7, 2014
Listed
May 27, 2014
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2015