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Rashad H. is 27 years old. He is single and has no children. He lives in the city of Baku together with his parents and brother. Six years ago, Rashad opened a store, where he started selling tools, electric equipment, etc. He learned this business from his father, who helped him open this store. Currently, Rashad needs 2000 AZN in order to buy merchandise for sale and to develop his business.
View original language description ↓
Rashad H. 27 let. On ne jenat i ne imeyet detey. On jivet v qorode Baku vmeste so svoimi rodelyami i bratom. 6 let tomu nazad Rashad otkril magazin qde nachal prodovat instrumeni , elektriku i t.d. Etomu biznesssu on nauchilsya u svoyeqo dyadi kotoriy i pomoq yemu otkrit etot magazin.
Seychas Rashad nujdayetsya v 2000 AZN chtobi kupit tovar dlya prodaji i razvitiya svoyeqo biznessa.

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
  • 26
    View loans »
    Azerbaijan Loans Fundraising
  • $14,860,125
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,525 helped Rashad purchase of merchandise for sale.
100% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Feb 25, 2011
Feb 28, 2011
Currency Exchange Loss:
Aug 15, 2012