Check out some available loans that are similar to this one!
Ramin and his wife have been married for nine years and have two children; the elder of them is 7 years old and is going to the first class of school this year, and the other child is going to kindergarden and she is 5 years old. Ramin’s wife is a housewife and therefore all the needs of the family are provided by Ramin.

Ramin is a master: he sticks wallpaper, makes putty, plaster, etc. Over the 9 years he has been in this business, the quality of his work is good, therefore Ramin has a lot of customers.

Today he wants to support his business, so Ramin has applied for a loan in amount of 1,200 AZN (Azerbaijan New Manat) to buy construction materials which will be useful in his work. He says he is thankful to the Kiva organization and all lenders for help. In the future he wants to hire an assistant to increase his business.

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
  • 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 $1,550 helped Ramin to buy construction materials.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 27, 2014
Apr 20, 2014
Currency Exchange Loss:
Apr 17, 2015