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Allahverdi
This 52-year-old man is a father of 3 children. He is an Internally Displaced Person (IDP) from the Armenian-occupied territory of Azerbaijan, Fizuli region, settled in the Fizuli region, Karabag village.
In the beginning of his business Allahverdi borrowed $600 and bought a meaty bull-calf.
He has been in this business for 4 years.
Now he needs a loan of $800 to buy 2 meaty bull-calves.

Additional Information

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
  • 47
    View loans »
    Azerbaijan Loans Fundraising
  • $14,143,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Allahverdi to buy 2 meaty bull-calves.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 28, 2007
Listed
Apr 10, 2007
Currency Exchange Loss:
N/A
Ended:
Apr 28, 2008