BANK WAKAF MIKRO AHMAD BUCHORI Triyono Advisor Strategic Committee - - PowerPoint PPT Presentation

SLIDE 1

BANK WAKAF MIKRO

Triyono

AHMAD BUCHORI Advisor Strategic Committee

SLIDE 2

Mi c r

• Wa

q f B a n k

• r

B a n k Wa k a f Mi k r

• (

B WM) i s a b r a n d i n g n a me

• f

I s l a mi c mi c r

• fj

n a n c e i n s t i t u t i

• n

w i t h c e r t a i n b u s i n e s s mo d e l a n d c h a r a c t e r i s t i c s e s t a b l i s h e d i n P e s a n t r e n ( I s l a mi c b

• a

r d i n g s c h

• l

s ) . T h e b r a n d i n g n a me

• f

B WM i s g i v e n b y t h e P r e s i d e n t

• f

t h e R e p u b l i c

• f

I n d

• n

e s i a , J

• k
• Wi

d

• d
• ,

d u r i n g t h e l a u n c h i n g

• f

t h e fj r s t B WM i n P e s a n t r e n K H A S K e mp e k i n C i r e b

• n

, We s t J a v a ,

• n

O c t

• b

e r 2 , 2 1 7 .

2

“Low income population must have access to fjnancial

• services. Access for the low income population to credit is

limited since they normally do not have collateral. Bank Wakaf Mikro can provide a solution to this issue. As opposed to commercial bank which requires complicated administrative procedures and collateral, Bank Wakaf Mikro does not require such procedures.” The President of the Republic of Indonesia, Joko Widodo

What is Bank Wakaf Mikro (BWM)?

SLIDE 3

P e s a n t r e n d e r i v e s f r

• m t

h e s i x t e e n t h c e n t u r y , w h e n l e a r n i n g c e n t e r s w e r e e s t a b l i s h e d , k n

• w

n a s a p l a c e

• f

l e a r n i n g f

• r

t h e I s l a mi c f a i t h f u l . I n e a r l i e r t i me s , P e s a n t r e n w e r e a r u r a l p h e n

• me

n

• n

, i n t e r a c t i n g v e r y c l

• s

e l y w i t h l

• c

a l c

• mmu

n i t i e s . P e s a n t r e n i s l e d b y K y a i ( s c h

• l

a r ) w h

• p

r

• v

i d e s e d u c a t i

• n

, g i v e s a d v i c e t

• v

i l l a g e r s , a n d l e g i t i mi z e s l

• c

a l c e r e mo n i e s . P e s a n t r e n h a s s t r a t e g i c a s s i s t a n c e i n e n h a n c i n g c

• mmu

n i t y w e l f a r e . Wi t h t h e p

• t

e n c y

• f

2 8 , 1 9 4 P e s a n t r e n s s t a t e d b y Mi n i s t r y

• f

R e l i g i

• n

, P e s a n t r e n s a s r e l i g i

• n

b a s e d

• e

d u c a t i

• n

a l i n s t i t u t i

• n

s h a v e b i g i n fm u e n c e t

• e

mp

• w

e r c

• mmu

n i t y a n d p l a y r

• l

e i n e r a d i c a t i n g i n e q u a l i t y a n d a l l e v i a t i n g p

• v

e r t y , p a r t i c u l a r l y c

• mmu

n i t y me mb e r s a r

• u

n d P e s a n t r e n s .

3

Why BWM established in Pesantren ?

SLIDE 4

THE PURPOSE AND OBJECTIVES OF THE PROGRAM

T h e p u r p

• s

e

• f

t h i s p r

• g

r a m i s : “ t

• e

mp

• w

e r c

• mmu

n i t i e s a r

• u

n d P e s a n t r e n t h r

• u

g h t h e e s t a b l i s h me n t

• f

B WM w i t h a c

• u

n s e l l i n g a s s i s t a n c e p a t t e r n ” . T h e

• b

j e c t i v e s

• f

t h i s p r

• g

r a m a r e : 1 . Ma x i mi z i n g t h e r

• l

e

• f

P e s a n t r e n i n e mp

• w

e r i n g p r

• d

u c t i v e p

• r

c

• mmu

n i t i e s . 2 . B u i l d i n g a n d s t r e n g t h e n i n g t h e s

• c

i

• e

c

• n
• mi

c f u n c t i

• n

s u r r

• u

n d i n g P e s a n t r e n i n t h e f

• r

m o f p r

• f

e s s i

• n

a l , a c c

• u

n t a b l e , a n d i n d e p e n d e n t B WM t h r

• u

g h t h e d e v e l

• p

me n t

• f

t h e I n d

• n

e s i a n Mi c r

• B

u s i n e s s C

• mmu

n i t y i n P e s a n t r e n ( K U MP I ) .

4

SLIDE 5

In order to support government programs in alleviating poverty and income inequality, and to increase fjnancial access to wider community, OJK facilitates the establishment of Bank Wakaf Mikro. Since 2014, OJK has also been mandated by the Law of Microfjnance to supervise microfjnance institutions, including BWM, in Indonesia

5

“We would like to give special attention to the low income population who cannot obtain formal loans

• r qualify for fjnancing from formal fjnancial
• institutions. It is our hope that Bank Wakaf Mikro

will be able to provide fjnancing in the near future and also form groups consisting 5 to 10 people to help us provide coaching programs.. “

Chairman of the Board of Commissioners OJK, Wimboh Santoso

Role of OJK in Establishment of BWM

SLIDE 6

Establishment Capital and Working Capital Financing Counseling Assistance

\IDR1 mio – IDR3

mio (USD71 - USD214)

Donor Donating Funds

Characteristics: Providing Financing with Guidance and Coaching Programs Non Deposit Taking Institutions Low margin rate, eq. 3% p.a. Financing without collateral Group based (joint liability)

L A Z N A S (

N a t i

• n

a l I s l a mi c C h a r i t y I n s t i t u t i

• n

) Customers (productive low income population)

6

Guidance and Coaching Programs

Business Model of BWM

SLIDE 7

 D

• n

a t i

• n

f u n d s h a v e c r i t i c a l r

• l

e i n i mp l e me n t i n g t h e b u s i n e s s mo d e l

• f

B WM.  T

• g

e t l

• w

p r

• fj

t s h a r i n g s c h e me , B WM r e q u i r e s c h e a p f u n d .  T

• a

c h i e v e t h e

• b

j e c t i v e s , t h e f u n d i n g

• f

B WM i n c l u d e s p e r s

• n

a l a n d c

• r

p

• r

a t e s

• c

i a l r e s p

• n

s i b i l i t y f u n d s

• r

i g i n a t e d f r

• m

d

• n
• r

s .  D

• n
• r

s a r e p e

• p

l e w h

• h

a v e c

• n

c e r n f

• r

e mp

• w

e r i n g p r

• d

u c t i v e

• l
• w

i n c

• me

c

• mmu

n i t y a n d a l l e v i a t i n g p

• v

e r t y i n I n d

• n

e s i a .

7

Ma i n S t a k e h

• l

d e r i n I mp l e me n t i n g P r

• g

r a m

DONATION APPEAL

SLIDE 8

2 BWM

1 BWM 1 BWM 1 BWM

The Development of Bank Wakaf Mikro (BWM)

2.875 KUMPI 22.668 customers

53 BWM

Rp 10,1 billion 13.275 customers

(Outstanding) Rp 29,33 billion

Total Financing disbursed

(OJK, September 2019) 8

SLIDE 9

INDONESIA COUNTRY SHOWCASE

November 2019

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