Shahbaz (his brother is pictured) was born in 1986. This single man lives in the Khachmaz region, in Hadjialibay village. Shahbaz and his brother have a fruit orchard. They want to improve their business; that is why they request a loan of $1200. The guys plan to buy fruit seedlings, pesticides and fertilizer for improving their yield. These young guys have been in this business for two years.
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.