International Seminar on Microfinance and Financial Inclusion

“Bringing Indonesia’s Microfinance and Financial Inclusion to the World”

REMARKS – INDONESIA MICROFINANCE OVERVIEW 2015

Edy Setiadi
Member of Commissioner Board and CEO for NBFI Supervisor
Financial ServiceAuthority (OJK)

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 Function

Microfinance

Financial Social
Intermediary Intermediary

Tackle Safeguard
Development Cohesion Local
Problems Wisdom

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 Type of MF Service Providers

B a n k s

C o n v e n t i o n a l
R e g i o n a l D e v e l o p m e n t
B a n k s
B a n k s ( B P D )
S h a r i a
R u r a l C r e d i t B a n k s
( B P R )

C o o p e r a tiv e s C o n v e n t i o n a l C o o p e r a t i v e s
- K S P / U S P
-C r e d i t U n i o n
M i c r o F i n a n c e
I n s t i t u t i o n s ( M F I )
S h a r i a C o o p e r a t i v e s
- K J K S ( B M T , B T M )
MSMEsandHouseholds

M F I C o o p e r a t i v e s
- U J K S

I n s u r a n c e

P a w n S h o p - B a n k D e s a
- L u m b u n g D e s a
- B a n k P a s a r
M u l t i f i n a n c e - B a n k P e g a w a i
N o n B a n k - B K D
N o n C o o p e r a t i v e s - B K K
- K U R K
V e n t u r e C a p i t a l
- L P K
- B K P D
P N M
- B U K P
- B M T

G o v t P r o g r a m

A r i s a n , B u s i n e s s G r o u p
( E x : F a r m e r s ,
G r o u p F i s h e r m a n ) , O t h e r s

I n f o r m a l

I n d i v i d u a l S h o p , M o n e y L e n d e r ,
P a w n , O t h e r s

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 Type of MFIs in Indonesia
Developed by Developed by Community Development Program
Government Community
1. BKD (Badan KreditDesa) 1. Baitul MaalWat 1. UED-‐SP (Unit Ekonomi Desa-‐SimpanPinjam)
2. BKK (Badan Kredit Tamwil (BMT) 2. Kelompok Usaha Bersama (KUBE)
Kecamatan) 2. Baitul Tamwil 3. Program Pengembangan Kawasan Perkotaan(P2KP)
Muhammadiyah (BTM) 4. Pengembangan Ekonomi Masyarakat Pesisir (PEMP)
3. PDPK (Perusahaan
5. PNPM Mandiri (Perdesaan/Perkotaan)
DaerahPerkreditan 3. Kelompok Swadaya
6. KUB (Kelompok Usaha Bersama)
Kecamatan) Masyarakat (KSM) 7. Kelompok Program Peningkatan Pendapatan Petani-‐
4. BUKP (BadanUsaha 4. Pra Koperasi Nelayan Kecil (KP4NK)
Kredit Pedesaan) 5. Credit Union 8. Kelompok Unit Program Pelayanan Keluarga Sejahtera
5. LKK (LembagaKredit (UPPKS)
Kecamatan) 9. LSPBM (Lembaga Simpan Pinjam Berbasis Masyarakat)
6. LKP (Lumbung Kredit 10. BKM (Badan Keswadayaan Masyarakat) –Unit Simpan
Pedesaan) Pinjam
7. BKPD (BadanKarya 11. USEP-‐KM (Usaha Sosial Ekonomi Produktif Keluarga
Produksi Desa) Miskin)
12. Gapoktan (Gabungan Kelompok Tani)
13. LPED (Lembaga Pemberdaya Ekonomi Desa)
14. PUAP (Pemberdayaan Usaha AgribisnisPedesaan)
15. Raksa Desa
16. UPKD (Unit Pengelola Keuangan Desa)
17. LPUK (Lembaga Pembiayaan Usaha Kecil) di Kalsel
18. UEK-‐SP (Unit Ekonomi Kelurahan-‐Simpan Pinjam)

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 MFI Definition (based on MFI Law)
Microfinance Institutions are hereinafter referred to as MFIs, financial institutions specifically
established to provide business development services and community development, either
through loans or financing micro enterprises to members and the public, management of
deposits, as well as the provision of consulting services business development not only for-
profit.
Lending or microfinancing

Saving
Business
Development
and Community Business
Emperowermen* Development
Services

Not onlyfor-‐ptofit

Included with Fee based income activites, Branchless Bangking (Laku Pandai), Micro Insurance & Joint Fina

25/09/2015 ©Otoritas Jasa Keuangan 5 | Page

 Microfinance Product

• Microfinance, in OJK’s perspective, is not identical with

micro credit.
• There are many other micro finance schemes and
products
• Microfinance schemes and products are micro
insurance, farmer insurance, and climate insurance that
can become safety nets for farmers, cattle farmers, and
fishers.
• MFIs need to be supported in becoming agents of
financial service products such as branchless banking,
mutual funds, payment services, and others.
• In the future, MFIs are expected to be able to issue
commercial papers as a way to meet financing
requirements.
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