.	Fundusz Mikro, Poland
	Mission statement: To serve microenterprises (less than five employees) throughout Poland. Target Group: Number of borrowers: 1,100 55 percent of borrowers are women. 40 percent of first-time borrowers are below poverty line 10 percent of first-time borrowers are in the bottom 50% of those living below poverty line. Projected number of borrowers in 1997: 3,000 Savings, training and other services: Fundusz Mikro pays up to 50% of the cost of external training courses, as a grant to their clients. Contact: Rosalind Capisarow Ul. Poznanska 16 M.3 Warszawa, 00-680 Poland Tel: +48-22-622-2635 Fax: +48-22-633-3940	First Loan given: 1995 Geographical area served: Poland Credit Programme: Lending model: group, individual, and rotational Loan period: 3 months Average first loan: US$ 1,700 Average loan: US$ 1,500 Repayment rate: 98% Effective interest rate: 35%
From the Microcredit Summit - Institutional Profiles