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Vugar (whose brother is pictured here because Vugar was away when this photo was taken) is a single man who lives in a village known as Garachay in the Khachmaz region of Azerbaijan. He was born in 1975. Vugar and his brother have been in the cattle-breeding business for the last five years, and have applied for a loan of $1,200 to buy a cow and a calf.

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
  • 29
    View loans »
    Azerbaijan Loans Fundraising
  • $14,862,600
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Vugar to buy a cow and a calf.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Nov 14, 2008
Nov 21, 2008
Currency Exchange Loss:
Mar 15, 2010