Kiva.org is proud to announce our first partnership in Indonesia, with MBK:
"Mitra Bisnis Keluarga" (MBK) stands for "Family Business Partners". MBK is a non-bank financial company (NBFC) regulated by the Ministry of Finance and with a venture capital license issued in November 2006. Using the classic Grameen Bank methodology, MBK provides working capital to low-income households in Indonesia in order to raise their family incomes and living standards.
MBK took over the microfinance activities of Ganesha Microfinance Foundation, which operated from 2003 to 2006. During this period...Continue Reading >>