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Elnara is 32 years old. She is single and lives with her parents; they live in the Abseron region. Her father is a bus driver and her mother doesn’t work. She helps Elnara in her business.

Elnara is a confectioner. She bakes pies, biscuits, etc.. sells them to markets to earn money. She also bakes birthday cakes by order.

Today Elnara needs to increase her business, and therefore she has applied to Komak company for a loan of 700 AZN (Azerbaijan New Manat).

With this loan she wants to buy more products which are useful in her business.

Elnara says thank you to Kiva and Kiva lenders for help. In the future she wants to open a pastry shop.

Additional Information

More information about this loan

This loan supports Komak clients who are designated as Internally Displaced Persons (IDPs) in Azerbaijan. An internally displaced person (IDP) is someone who has been forced to flee his or her home due to armed conflict, violence, human rights violations, or natural or manmade disasters, but who, unlike a refugee, has not crossed an international border. Azerbaijan is home to over 600,000 IDPs, who face limited access to employment adequate housing, water and electricity. Many of these people have also failed to qualify for loans through formal channels due to low income and lack of collateral. Komak has been working to support IDPs since 1999. By funding this loan, you are creating opportunities in extremely underserved communities.

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
  • 41
    View loans »
    Azerbaijan Loans Fundraising
  • $14,668,525
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Elnara to buy more products.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Nov 29, 2013
Dec 16, 2013
Currency Exchange Loss:
Jun 17, 2014