MFI ReportPartnerships
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Mission:
Understand the financial needs of the members of the union and to strive to meet these needs by providing competitive micro lending services
Background and Main Challenges:
Komak Credit Union was established in May 1999 in Fizuli region of Azerbaijan. Purpose of establishment Komak Credit Union was to provide union members with financial resources, to support internally displaced people and other low-income strata by improving their livelyhood by private business ... Read more
Komak Credit Union was established in May 1999 in Fizuli region of Azerbaijan. Purpose of establishment Komak Credit Union was to provide union members with financial resources, to support internally displaced people and other low-income strata by improving their livelyhood by private business development, in general to reduce poverty. In January 2002 Union was officially registered and obtained relevant National Bank`s license. We have rather developed activity provided by our union. We have 5 branches located in Absheron peninsula, Fizuli, Salyan, Khacmaz and Baku of Azerbaijan. Hide
Address:
M.Mukhtarov 119
Baku
AZ 1009
Azerbaijan
Phone:
(+994 12) 5983030
Fax:
994 12 495 19 51
Email:
komak_ki [at] mail [dot] ru
Main Funding Sources:
Loans
Shareholder Capital
Products and Services:
Loans
Products:
Business Loans, Consumer loans, SME loans, Employmee Loans
Services Provided:
Other
Looking for (Investment Types):
Loans in Local Currency
Donations
Equity investments
Loans in US$
% Operations Comprised by MF:
91 - 100
Date established:
May 6 2001
FYE:
31-Dec
Current Legal Status:
Credit Union / Cooperative
Regulated:
yes
At a glance
- Assets
- Gross Loan Portfolio
- Equity
Contacts
-
Ikhtiyar Aliyevkomak_ki [at] mail [dot] ru(+994 12) 5983030
References
Elchin Bagirov
