Invested through |
|
---|---|
Asset Classes | Private debt |
Impact strategy | Financial Inclusion |
Number of borrowers reached | 1,142,652 |
Number of savers reached | 1,170,369 |
Female borrowers | 100% |
Rural borrowers | 66% |
Aligned with SDGs |
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, particularly in rural areas and small towns.
By getting access to credit women can develop self-employment activities, reduce their vulnerability and improve their living conditions. Many of them are landless labourers, and are involved in petty trade, preparing and selling food, livestock rearing and vegetable growing.