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Nasiba, a 39-year-old internally displaced person from the region of Nagorno-Karabaka, currently lives in the Absheron region. A single mother of a 14-year-old boy, for the past eight years she has worked as a women's hair stylist, a job she likes very much because of the creativity involved and the way she makes her clients feel. Nasiba says it’s a good job for a woman with little education. Additionally, she works in the library of the local school during the early hours of the day and sells custom-made hair clips to the women in her neighborhood.

Currently, Nasiba’s workspace is small (4 sq. meters). Although her current income sustains her and her son, it does not generate enough income to buy more than very basic necessities. She’d like to use her loan of 2000 AZN to expand her business to attract more clients, hire an employee so that she can spend more time with her son, and be able to send him to university when the time comes.

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

  • $10,800
    Average annual income
  • 24
    View loans »
    Azerbaijan Loans Fundraising
  • $14,897,700
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,500 helped Nasiba to expand her business.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
May 26, 2010
Jun 2, 2010
Currency Exchange Loss:
Dec 15, 2011