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Mehriban
Mehriban is 48 years old, married and has two children. Her daughter was married last year, and her other child, who is a 19-year-old boy, is studying at university.

Mehriban’s family are IDP (Internally Displaced Persons) from the occupied territory of Azerbaijan – Fuzuli city. Today they are living at Bala Bahmanli village of the same city.

Mehriban has been in an animal-breeding business for 11 years. She prepares delicious cheese from cow's milk and sells it in the local bazaar. Mehriban learned this profession from her mother-in-law. Now she needs her first loan from the Kiva organization in the amount of 2,100 Azerbaijan New Manat. With this loan, Mehriban wants to repair the stall of her cows. Mehriban says great thanks to the Kiva organization and all lenders for the help.

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
  • 36
    View loans »
    Azerbaijan Loans Fundraising
  • $14,085,050
    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 $2,700 helped Mehriban to repair the stall of her cows.
80% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 27, 2014
Listed
Jun 12, 2014
Currency Exchange Loss:
Possible