Koperasi Mitra Dhuafa had started Microfinance program with adopt Grameen System from Bangladesh in Aceh to help the tsunami victims on 2005. The name Grameen is derived from the word gram which means “rural” or “village” in the Sanskrit language.
Micro-credit loans are based on the concept that the poor have skills that are under-utilized and, with incentive, they can earn more money. A group-based credit approach is applied to use peer-pressure within a group to ensure the borrowers follow through and conduct their financial affairs with discipline, ensuring repayment and allowing the borrowers to develop good credit standing.
To become the leading microfinance savings and loan institution that can provide financial and non-financal assistance in an efficient and timely manner for low-income women to enable them to improve their lives in terms of household income, health and children’s education
1. Provide financial assistance in the form of savings and loan to members.
2. To provide a no-financial assistance in form of health training, motivational education for the children of members, family financial management
3. Provide quality service to members through qualified and high integrity staff