The Financial Crisis & Microfinance: MBK Ventura

March 1, 2009 Posted by Unitus Labs, Update

Founded in 2002, Unitus partner MBK Ventura is a microfinance institution (MFI) offering loans to low-income households in West Java, Indonesia. Recently named by MIX Market as the top-performing MFI globally, MBK Ventura is the only MFI in Indonesia focusing on the poorest 25 percent of Indonesians. Since partnering with Unitus in December 2006, the number of clients served by MBK has nearly quadrupled, rising from 26,000 to more than 100,000.Unitus interviewed Chairman and Founder of MBK, Dr. Shafiq Dhanani, in February 2009 for its MFI network newsletter, The Accelerator. The following is an excerpt from that publication.

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