Caritas Denmark has 10 years of experience in microfinance and 3 employees working with microfinance. They work with 7 long term projects where microfinance is a minor or main component. The projects target a total of 41,000 beneficiaries through both savings and credit groups and MFIs. The total 2010 budget is DKK 20 million for the microfinance components alone. The projects are financed by Danida.