"I am very thankful to Kiva lenders for their help in improving my business."
Djalal is applying to Kiva for his second loan. As you know from his first loan, he runs a taxi business and this has not changed. However, he changed his car and now he needs a loan of 2,000 AZN to buy spare parts for this 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.