Microfinance Success Amidst Macroeconomic Failure: The Experience of Bank Rakyat Indonesia During the East Asian Crisis

Patten, Richard H.; Rosengard, Jay K.; Johnston, D. E.

doi:10.1016/s0305-750x(01)00016-x

Cited by 111 publications

(79 citation statements)

References 5 publications

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“…There is no negative affect like influence by the elected chairmen/members in the centers of GB noticed. Patten, Rosengard, and Johnston (2001) writes the article Microfinance success amidst macroeconomic failure: The experience of Bank Rakyat Indonesia during the East Asia crisis. Bank Rakayet Indonesia (BRI) is one of three state-owned commercial foreign exchange banks in Indonesia.…”

Section: In Their Article Corporate Values and Transformation: The MImentioning

confidence: 99%

“…For example, the minimum interest rates on most small, medium and large loans in Indonesia fallen to 19% from 36% in 2000 (Patten, Rosengard, & Johnston, 2001, p. 1060. The BRI units have a single credit instrument KUPEDES (General Rural Credit).…”

Section: In Their Article Corporate Values and Transformation: The MImentioning

confidence: 99%

“…All KUPEDES loans require repayment in installments. During the worst of the monetary crisis, there was a very rapid increase in savings, both in the BRI units and in the rest of BRI (Patten, Rosengard, & Johnston, 2001, p.1064. These amazing performances and contributions make a positive impact on Indonesian national economy by this micro-financing community banking in crisis periods of Indonesia.…”

Section: In Their Article Corporate Values and Transformation: The MImentioning

confidence: 99%

“…BRI able to develop a strategy that promotes borrowers willingness to repay like develop a long-term banking relationship with borrowers and loan delivery systems that are adapted to local market conditions (Patten, Rosengard, & Johnston, 2001, p. 1067). …”

Section: In Their Article Corporate Values and Transformation: The MImentioning

confidence: 99%

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Views and reviews of microcredit thoughts and MFIs services in the world

Rouf¹

2018

IJRSM

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This paper is critically analyzing books, articles, and case studies of the course materials of the Harvard micro-financing six-week summer training program conducted at the Harvard University in 2005. All the attended trainees of this training program were the executives from different MFIs across the world. This training program orients the trainees to different micro-financing services, thoughts, financial strategies, and policies etc. in the world. The aim of this microfinance analytical paper is to assist readers to get an in-depth idea about microcredit different innovations, thoughts, and practices that are prevailing across the world. Although the attended trainees of the Harvard micro-financing training intensively discuss and identify MFIs problems and challenges that they are facing, very few conversations were made on how to design, develop and improve IT skills of their loan transactions, bookkeeping and monitoring devices that they are suffering from. These IT skills developments are very crucial for MFIs in order to reduce their costs and to efficiently operate their microcredit services to the poor entrepreneurs in the world and to develop their institutional sustainable capacity building.

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Section: In Their Article Corporate Values and Transformation: The MImentioning

confidence: 99%

Section: In Their Article Corporate Values and Transformation: The MImentioning

confidence: 99%

Section: In Their Article Corporate Values and Transformation: The MImentioning

confidence: 99%

Section: In Their Article Corporate Values and Transformation: The MImentioning

confidence: 99%

See 2 more Smart Citations

Views and reviews of microcredit thoughts and MFIs services in the world

Rouf¹

2018

IJRSM

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“…The research of Patten et al (2001) studied the Bank Rakyat in Indonesia during the East Asian Crisis as a case study of microfinance success in the context of macroeconomic failure in the 1990s. This study provided confirmatory evidence that the repayment rate remained in the financial recession.…”

Section: Literature Reviewmentioning

confidence: 99%

The nexus Between the Growth of Microfinance Institutions and the Macroeconomic Context in Vietnam

Tran

2017

Zeszyty Naukowe Uniwersytetu Szczecińskiego Finanse Rynki Finansowe Ubezpieczenia

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Abstract:The aim of this paper is to provide an overview of the development of the microfinance sector in Vietnam and to examine the link between microfinance institution development and domestic economic factors. Particularly after reviewing previous papers conducted all over the world, this paper examines the Vietnamese market by using five years (2010)(2011)(2012)(2013)(2014)(2015) of data from Vietnamese microfinance institutions by using a descriptive statistical method. It was found that the growth of gross domestic product (GDP) and gross loans portfolio more or less have a relation. Likewise, foreign direct investment (FDI) inflow growth seems to have a link with asset development. This result also opens up several avenues for future research. Further studies could be performed to examine data with a quantitative method to test the results.

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Determinants of the Performance of Microfinance Institutions: A Systematic Review

Hermes

Hudon

2019

Contemporary Topics in Finance

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Microfinance institutions (MFIs) generally aim at improving the access of the poor to financial services while at the same time being financially sustainable. But what do we know about how MFIs reach and combine these two goals? We carry out a systematic review of close to 170 articles discussing the determinants of the financial and social performance of MFIs. The review shows that the most important determinants addressed in the literature are MFI characteristics (size, age, type of organization), their funding sources, the quality of organizational governance and the MFIs' external context such as macroeconomic, institutional and political conditions. The evidence on these issues is rather mixed.Moreover, the direction of the relationship between these drivers and MFI performance depends on the context, particularly the country-specific context. Finally, there is a lack of consensus in the literature on the measurement of financial and social performance. Due to the complexity of the concept, we argue that social performance should only be assessed by using a multidimensional perspective. This can be done either by applying recent and holistic social performance measures such as the SPI4, or at least by using a combination of proxies, such as outreach, gender and rural measures. Burzynska, K., & Berggren, O. (2015). The impact of social beliefs on microfinance performance.

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Microfinance Success Amidst Macroeconomic Failure: The Experience of Bank Rakyat Indonesia During the East Asian Crisis

Cited by 111 publications

References 5 publications

Views and reviews of microcredit thoughts and MFIs services in the world

Views and reviews of microcredit thoughts and MFIs services in the world

The nexus Between the Growth of Microfinance Institutions and the Macroeconomic Context in Vietnam

Determinants of the Performance of Microfinance Institutions: A Systematic Review

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