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BPR after the West Sumatra Earthquake |
A 7.6 RS earthquake hit a 150 km stretch along the coast of West Sumatra on September 30, 2009, just after the banks closed their offices and started the  preparations for the monthly report to Bank Indonesia. It flatted and damaged more than 250,000 houses in Padang and surrounding rural areas. Two BPR offices collapsed, at least three BPR will leave their seriously damaged premises. People, including BPR commissioners, directors and staffs, live and have their businesses in houses rated “not proper” (‘tidak layak huni”). 49 of West Sumatra’s 112 BPR reported about affected clients. 20 BPR reported that 10% up to 100% of their borrowers experienced damages to house and businesses, in total 8,565 clients with IDR85,380m outstanding (average about IDR10m, USD1,000). |
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Microfinance Customer Satisfaction Survey |
 ProFI is currently carrying out a new Customer Satisfaction Survey for customers of Rural Banks (BPR), LPD village credit institutions in Bali, and BUMDes LKM village credit institutions in West Nusa Tenggara (NTB). The customer satisfaction survey examines the product and service quality of these microfinance institutions from the point of view of the customer. |
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Mr. Mahpuz – Microfinance Field Consultant in West Nusa Tenggara |
 Mr. Mahpuz is working as Microfinance Field Consultant in West Nusa Tenggara. His job is to support selected village-owned credit institutions (BUMDes LKM) in East Lombok by sharing and contributing his technical expertise where needed. With a background in accounting, microfinance work and teaching, Mr. Mahpuz started working as a Microfinance Field Consultant in November 2007 - first employed by the regional government involved in this joint cooperation project, and later by ProFI. |
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Support for Basel II Implementation |
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New Studies and Experts Fund Project Commissioned Bank Indonesia (BI) is planning to gradually implement the revised “Framework for International Convergence of Capital Measurement and Capital Standards (2004)”, commonly known as Basel II. It is hence undertaking a further big step towards the stabilization of the Indonesian financial system. The implementation of the Basel II standards is to be carried out until 2011 and will be supported by ProFI.
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