Yashar lives in Khachmaz town. He has run a taxi business for 5 years. His minimum net profit is 300 AZN (Azerbaijani Manat) per month. Now he needs a loan of 950 AZN to buy spare parts, 4 wheels, and paint, and to fix the engine. He is 32 years old.
Yashar's future plans: After repairing and painting this car, he would like to sell this car and buy a new car to increase the number of his clients.
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.