| Yayasan
Dharma Bhakti Parasahabat (YDBP) is a Grameen Trust
partner organization in Indonesia that started its microcredit
program in West Java in April, 1999.
Small
vendors financed through YDBP Microcredit
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The
main program activities of YDBP are provision of credit,
savings mobilization and raising social awareness for
sustainable development of poor communities. YDBP is
implementing its credit program in Bekasi, Kerawang,
Cirebon provinces of West Java, Indonesia. To select
the poorest of its clientele, YDBP used self-developed
indicators like capacity of food intake, housing condition,
annual income etc. Borrowers of YDBP are using their
loans for small business, agriculture, grocery shops,
handicrafts etc.
GT
has entered into partnership with YDBP in the year 2001.
During this period, YDBP has made an impressive progress
in its microcredit program.
YDBP
is now serving more than 44,000 poor members. It is
currently the largest microcredit program in Indonesia
that follows the Grameen approach. In 2003, YDBP has
completed its fourth year of operation and demonstrated
an impressive performance which may be seen from the
following facts and figures:
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It
has opened 31 branches, 2,822 centres and formed
10,077 groups with a total membership of 44,530.
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It
has disbursed loans equivalent to US$ 4.6 million.
The current outstanding loans amounts to US$ 2
million with a repayment rate of 95% and 2% of
its portfolio at risk. |
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YDBP
has attained operational self sufficiency in all
of its branches and as a whole is 77% operationally
self sufficient. |
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According
to YDBP, 58% of its poor borrowers have crossed
the poverty line. |
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YDBP
has set up a full fledged training centre for other
microfinance institutions which implement credit
programs. The organization is offering consultancy
services for the capacity building of newly established
microcredit organizations in the region. |
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YDBP
has sent 7 of its own staff members to Grameen Trust
for training on Grameen Basics, Accounting
and Management of microcredit programs. |
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YDBP
has already transformed itself into a rural bank
in order to expand its outreach and mobilize members’
savings. |
Tasmina
Rahman, Grameen trust
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