Giyas wants to improve his sheep breeding.
He has been in this business for 6 years.
In the beginning of his business he borrowed $400 and bought 4 sheep.
Giyas is 51 years old, an Internally Displaced Person (IDP) from the Armenian-occupied territory of Azerbaijan, Fizuli region, settled in the Fizuli region, Kurdmahmudlu village. He is married and has a child.This is his only source of income.
Now he needs a loan of $800 to buy 8 sheep.
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.