Grameen Foundation : Where we work : East Asia : Indonesia : YAMIDA
Yayasan Mitra Dhuafa (YAMIDA)
| Status snapshot as of December 2007 | |
| Active clients | 7,032 |
| Loan portfolio (USD) | $372,995 |
| Portfolio At Risk >30 days* | 0.3% |
| * Value of all loans outstanding that have one or more installments past due more than 30 days | |
YAMIDA is a local foundation focused on building the institutional capacity of MFIs using the Grameen model to reduce poverty in Indonesia. It provides technical assistance, training, research, and consultancy. A fairly young foundation, it established its first branch in Aceh in September 2005.
Outreach:
Since September 2005, YAMIDA has opened 74 centers in 22 villages and is operating in the tsunami-affected sub-districts of Baitussalam, Darussalam, Ingin Jaya, and Kling Barona Jaya. As of December 2007, YAMIDA had 7,032 clients.
Grameen Foundation support:
Grameen Foundation has provided $200,000 in funding since September 2005; $160,000 as zero percent loans to clients; a $35,000 grant for operating expenses; and approximately $5,000 in in-kind donations of computers and office equipment. Grameen Foundation is providing on-site technical assistance as well as assistance with implementing a management information system.
Grameen Foundation : Where we work : East Asia : Indonesia : YAMIDA
Grameen Foundation uses microfinance and innovative technology to fight global poverty and
bring opportunities to the world's poorest people. With tiny loans and financial services, we help the poor, mostly women, start
businesses and escape poverty. Our global network of 52 microfinance institution (MFI) partners including our Growth Guarantee partners has touched more than 31 million people in 23 countries. In addition, we introduced and now sustain technology initiatives (Mifos and Village Phone) in Cameroon, Kenya, Rwanda, and Uganda, bringing our total country outreach to 27.
+1-202-628-3560 www.grameenfoundation.org
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