Beyond Emergency Responses: Ensuring the Legacy of Market-Based Microfinance Expansion

The creation of a Microfinance Innovation Fund was a prominent feature of the Earthquake and Tsunami Emergency Support Project in Indonesia. To coopt success, before establishing the Fund, the project provided technical assistance to build the capacity of partner banks, created a Board for the Fund, setup guidelines for operations, extended loans and deposits at near-market rates, and partnered with PT. Permodalan Nasional Madani that assumed the role of Fund custodian. The Microfinance Innovation Fund is set to continue successful fund operations long after project completion. [ No. 17 October 2009 ]
By Mariano A. Cordero, Rizal Matondang, and Pieter Smidt
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Transforming Risk-Averse Banks into Microfinance Champions in a Post-Disaster and Post-Conflict Environment

Adoption of Grameen microfinance technology by risk-averse, development-oriented banks was a prominent feature of the Earthquake and Tsunami Emergency Support Project in Indonesia. The project raised awareness of the potential of microfinancing by sharing good practices, revealing opportunities, conducting exposure trips, providing training and refresher courses, monitoring, and building full commitment at all levels in partner banks in the management and provision of microfinance. [ No. 16 October 2009 ]
By Mariano A. Cordero, Rizal Matondang, and Pieter Smidt Read the paper