Mission statement: To help unemployed and economically at risk women realize their potential for becoming self-sufficient.
Number of borrowers 248;
100 percent of borrowers are women;
85 percent of first-time borrowers are below the national poverty line; 40 percent of first time borrowers are in bottom 50% of thos living below national povert line; project number of borrowers in 1997 - 428.
Liuda Mecajeva, Director
Tel: 370-7-206 575
Fax: 370-7-2006 575
First Loan given: 1995
Geographical area served: Lithuania
Lending model - group; Loan period - 6 months;
Average first loan - US$100;
Average loan - US$200;
Effective interest rate - 5%