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Grameen Foundation : Where we work : East Asia : Indonesia : YKBS

Yayasan Karya Bunda Sejahtera (YKBS)

Status snapshot as of December 2007
Active clients3,182
Loan portfolio (USD)$178,581
Portfolio At Risk >30 days*0.1%
* Value of all loans outstanding that have one or more installments past due more than 30 days

YKBS has grown to cover 35 villages, 61 centers, and five sub-districts of Aceh: Peukan Bada, Lhogkna, Darul Imarah, Meruxa, and Jaya Baro. As of September 2007, YKBS had 3,182 members.

Grameen Foundation support:

Grameen Foundation has provided $200,000 in funding since September 2005; $160,000 for zero percent loans for 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 : YKBS

- Grameen Foundation - 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.

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