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:
Funding Partners Excluding Commercial Banks
- Hivos, Netherlands (until 2010)
- Cordaid, Netherlands (Subordinated Debt and Senior Debt)
- Micro-Credit Enterprises, USA
- Dignity Fund, USA (until 2010)
- Oikocredit, Netherlands
- Blue Orchard, Switzerland (until 2010)
- Triple Jump, Netherlands (Oxfam Novib, ASN-Novib, Grameen Credit Agricole)
- Incofin, Belgium (Impulse Fund)
- Symbiotics, Switzerland (Capital Gestion, Bank of Luxemburg, Credit Suisse Microfinance Fund, ResponsAbility, Selectum, Dual Return Fund)
- Triodos Investment Management, Netherlands (Triodos-Doen Fund, Hivos-Triodos Fund)
- ResponsAbility (Credit Suisse Microfinance Fund Management Company on behalf of ResponsAbility Global Microfinance Fund)
Commercial Banks
- Bank Agris (ex-Bank Finconesia), Indonesia (until 2007)
- Bank Danamon, Indonesia (until June 2010)
- Bank BNP-Paribas, Indonesia
- Bank Standard and Chartered, Indonesia
- Bank Syariah Mandiri, Indonesia
- Bank Muamalat Indonesia
Credit Guarantees
- Grameen Foundation USA – Citibank New York
- Deutsche Bank Microcredit Development Fund & Netri Foundation – Deutsche Bank
- USAID Portable Guarantee Scheme, Indonesia
- Grameen Credit Agricole Microfinance Foundation – Bank Credit Agricole, Paris, France