Stories

Stories

There is no better way to understand the tremendous impact of financial inclusion and microfinance than through stories of transformation. We frequently feature one of our clients, describing how our work has helped them to break the cycle of poverty. It is critical to remember each person, with a real story, whose life has been transformed because of our work and the work of many others who focus on financial services for the bottom of the economic pyramid.
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This one comes from Inicjatywa Mikro …
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Mariusz Zygmunt
Krakow, Poland

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Mr. Mariusz Zygmunt began his first business while he was still a student.  He ran an internet shop selling tea from all over the world. Within two years he built a business database of several hundred people. In the e-shop a shopper could purchase exotic teas and accessories for its preparation. After two years of that activity, Mr. Zygmunt saw a great opportunity to grow his business. He decided to open a tea tasting house, and discovered an ideal location not far from the Main Square in Kraków. The premises were in poor shape, and would require substantial financial outlays in order to create a shop that would attract clients. Mariusz had the idea of creating areas of the tea house dedicated to the specific parts of the world; for example, corners dedicated to India, China, Japan or Georgia were meant to attract clients of different backgrounds.
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Mariusz looked to Inicjatywa Mikro (IM) for help to arrange the funds needed. Meetings with the IM Loan Officer resulted in a loan of 30,000 PLN (approx. $10,000 USD) for the period of 36 months. The loan was used to purchase equipment for the tea house’s “Japanese Corner,” and also helped to finance the purchase of a car (which significantly shortened the delivery time). Mr. Zygmunt continues to repay his loan to IM in a timely manner, and is planning future investments – Inicjatywa Mikro will be there to support him.
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