Maybank Indonesia together with Maybank Foundation in collaboration with Koperasi Mtra Dhuafa (KOMIDA) has since 2012 conducted activities to empower women from underprivileged families through a micro financing program, by providing a revolving fund for 1,250 women SMEs in Indonesia with a total grant of IDR 1 Billion. This program was implemented in three regions, which are Jonggol, West Java; Sragen, Central Java; and Kulon Progo, Yogyakarta. By adopting the Grameen Bank financing model, this program provided capital loans for Indonesian women who wanted to build a business. This empowerment program aimed to help reduce poverty by empowering women to be independent, helping to earn additional income and increasing knowledge and human resources quality of women.
In 2016, Maybank Indonesia together with Maybank Foundation again provided a grant of IDR 1 Billion to empower women from underprivileged families through Mitra Dhuafa Cooperative (Komida) in 3 new regions which were Majalaya, Bandung (West Java), Grobogan and Magelang (Java Middle). This program was a continuation of the micro financing program that has been implemented since 2012, and to date the number of beneficiaries of the program is 8,255 female micro entrepreneurs.
Food seller in Klapanunggal, Bogor
I am very grateful to be able to join Maybank Indonesia collaboration program with Mitra Dhuafa Cooperative (KOMIDA). Through loan assistance and financial management training, I can run a business selling food and vegetables and can better manage family finances. Now my family life is getting better and able to pay for my children's education to college.
Batik maker in Kulon Progo, Yogyakarta
I am very pleased to be one of the beneficiaries of Maybank Indonesia rolling grants program through Mitra Dhuafa Cooperative (KOMIDA). I can more easily get a business capital loan and know how to manage good family finances. I also thank Maybank Indonesia, KOMIDA and the officers who have always motivated me and my family to have a better life.