20% of micro firms get loans

On average, 20 percent of micro-enterprises use bank credits designed for businesses, according to the Bureau of Credit Information (BIK). At the end of November last year, 8 out of 10 micro-entrepreneurs benefiting from corporate loans (48 percent) also had a loan as a private person (52 percent). The total debt stood at PLN 43.9 billion, whereas the total debt of micro-entrepreneurs from both corporate and private loans is PLN 83.1 million, BIK informed.