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.
Ul. Poznanska 16 M.3
First Loan given: 1995
Geographical area served: Poland
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%