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Nisa
Nisa is a 37-year-old woman. She is living in Mahmudlu-2 village with her lovely family - her husband and their 17-year-old son. Her son is going to the eleventh class, and in the future he wants to be a programmer. The family members are refuges from Fuzuli city, and for over 21 years they are living like IDP-Internally Displaced Persons.

Nisa has been in the poultry business for long years. She raises chickens and sells their eggs and meat. Today, to expand her poultry farm and buy more chickens, she needs a loan in the amount of 2,200-Azerbaijan New Manat. Nisa is very grateful to the Kiva organization and to the lenders for their 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.

About Azerbaijan

  • $6,171
    Average annual income
  • 23
    View loans »
    Azerbaijan Loans Fundraising
  • $14,215,400
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $2,825 helped Nisa to pay for expanding her poultry farm and buy more chickens.
94% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 2, 2014
Listed
Jun 15, 2014
Currency Exchange Loss:
Possible
Ended:
May 17, 2015