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27-year old Rashad lives in Salyan region Yenikand village. Rashad is narried, has a child.
He has his own shop. He sells the clothes: jacket, sweater and etc.
Having borrowed 3 loans of $600-$1000-$1825 from Komak Credit Union he significantly expanded his business. The loans were paid back timely.
Now he needs a loan of $1825 to expand the area of his shop and to buy new clothes.

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
  • $14,894,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,825 helped Rashad to expand the area of his business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Feb 6, 2007
Dec 27, 2006
Currency Exchange Loss:
Jan 29, 2008