Mitra Bisnis Keluarga
Microfinance institution Mitra Bisnis Keluarga (MBK) in Indonesia issues group loans to female entrepreneurs. MBK focuses on the lowest income groups and is mainly active in West and Central Java. Many of the clients are women involved in petty trade, preparing and selling food, tending livestock and growing vegetables. The loan MBK has received from Triodos Sustainable Finance Foundation and Hivos-Triodos Fund (in local currency) will give MBK the means to grow further in the coming years, enabling it to provide more women access to financial services.
KEY INDICATORS Mitra Bisnis Keluarga at year-end 2013:
- number of loan clients: 322,728
- percentage female clients: 100%
- percentage rural clients: 90%
- average loan amount: EUR 80
- number of savings clients: -
Whoever you are, and wherever you live in the world, you are likely to want permanent access to financial services. Microfinance banks play a crucial role providing access to finance to an increasing number of people living on low-incomes. We finance microfinance institutions because they help to build inclusive financial sectors, where the majority of people have access to financial services, leading to a sustainable basis for balanced social and economic development.