Check out some available loans that are similar to this one!
Sabuhi
Sabuhi is married and has three children, all of his children are going to school. They live in the Baku region. Sabuhi has a “Kababkhana”. In here he make different types of national food; “Kebab”, “lulekebab”, “tike kebab”, “toyuq kebabi”, etc. Different types of kebab are made of lamb meat, beef, and chicken meat cooked in a brazier. Sabuhi buys all of necessary products from villagers and, of course, these products are totally natural products. Today, Sabuhi wants to buy new fridge, for this reason he needs a loan in amount of 1100 Azerbaijan new manat. He is thankful for the support for the development of business and to the Kiva organization and lenders.

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
  • 26
    View loans »
    Azerbaijan Loans Fundraising
  • $14,057,125
    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 $1,425 helped Sabuhi pay for buy new fridge.
76% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 7, 2014
Listed
Jul 26, 2014
Currency Exchange Loss:
Possible