Nadir is an honest and hardworking person. He is married and has 2 children. He is an Internally Displaced Person (IDP) from the Armenian-occupied territory of Azerbaijan, Fizuli region, settled in the Fizuli region, Karabag village.
Three years ago he purchased a car and became a taxi driver.
This business is the only source of his income.
Having borrowed $400 he bought spare parts.
Now he needs a loan of $700 to repair his car in order to increase his income and improve his family's living conditions.
He wants to repair his car because everyone wants to travel in a smart and comfortable car.
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.