Funding


MBK’s initial funding originated from its shareholders. In addition, over the years, MBK has raised funds for on-lending from social investors and commercial banks, as well as credit guarantees, as follows:


Commercial Banks


• Bank Syariah Mandiri, Indonesia (BSM)

• Bank Standard and Chartered, Indonesia (SCB)

• Bank Muamalat Indonesia, Indonesia (BMI)

• Bank BNP-Paribas, Indonesia (BNPP)

• Bank Negara Indonesia, Indonesia (BNI)

• Bank Jabar Banten Syariah, Indonesia (BJB Syariah)


Other Funding Partners


• FMO, Netherlands (FMO, FMO-BIO Syndicated Loan)

• Proparco, France

• Grameen Credit Agricole Foundation, France

• Triodos Investment Management, Netherlands (Triodos-Doen Fund, Hivos-Triodos Fund)

• Triple Jump, Netherlands (Oxfam Novib, ASN-Novib, Grameen Credit Agricole)

• Oikocredit, Netherlands

• Symbiotics, Switzerland (Capital Gestion, Bank of Luxemburg, Credit Suisse Microfinance Fund, ResponsAbility, Selectum, Dual Return Fund)

• ResponsAbility (Credit Suisse Microfinance Fund Management Company on behalf of ResponsAbility Global Microfinance Fund)

• International Finance Corporation (IFC), World Bank Group


Credit Guarantees


• Grameen Credit Agricole Microfinance Foundation – Bank Credit Agricole, Paris, France

• Asuransi Kredit Indonesia (ASKRINDO)

• ASKRINDO Syariah