| Title | The Role and Performance of Sustainable Microfinance Institutions (MFIs) |
|---|---|
| ID_Doc | 70572 |
| Authors | Pagalung, G; Kartini; Jusni; Afdal |
| Title | The Role and Performance of Sustainable Microfinance Institutions (MFIs) |
| Year | 2018 |
| Published | |
| Abstract | Microfinance is a new financial instrument tool in the development of poverty alleviation and equity and or income generation of low-income people. Microfinance is function as a macro financial development stimulus that will ultimately affect national economic growth. The purpose of this research is to identify and map the problems of microfinance in microfinance institutions (MFIs) and the achievement of their performance so that they can be a stimulus for the development of microfinance businesses. The results of the identification and mapping of microfinance problems in these MFIs will result in a "new model of sustainable microfinance institutions". The sustainable microfinance model will have an impact on poverty alleviation solutions and income distribution. Sharia-based microfinance institutions (Bank Waqaf) show a better success rate of funding turnover than conventional microfinance institutions. Sharia-based microfinance institutions have superior SOPs and governance by instilling religious values and more rigorous and effective management performance. |
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