Kiva conducts regular,ongoing monitoring of all Field Partners, but only posts status updates here in response to relevant, major changes at the partner.

Partner description:
Koperasi Syariah Benteng Mikro Indonesia (BMI) is a microfinance institution founded in 2003 in Indonesia. They offer a wide range of financial products including small business loans, housing improvement loans, high school loans and water/sanitation loans. 

BMI is very invested in the success of their members and conducts a number of community empowerment programs at no cost to their members in addition to their lending programs. Their target population is low-income families in the Tangerang region of Indonesia. 


A unique lending approach:
With the help of Kiva funding, BMI provides loans to households who lack the financial resources to access clean water and sanitation facilities. BMI offers loans that will enable borrowers to build/access a clean water source, septic tank, and/or sanitation facility in their household. 
39% of the Indonesian population does not have access to clean water or sanitation. This is a significant problem that has negative implications on health & nutrition across the country and on economic growth potential. Several organizations have come together to combat poor sanitation and help Indonesia meet its goal of universal access to clean water by 2019, and BMI is a key partner in this area.

BMI has a goal of reaching 5,222 members with water & sanitation loans by the end of 2019 to improve the quality of life in low-income communities in Tangerang. Their water & sanitation loans are targeted towards their current members who have already received a business loan and proven their ability to pay back a loan. They are working with four construction partners who have extensive coverage of the area and will build the facilities for borrowers.

Name Change
BMI was originally known as KPP-UMKM. They changed their name in November 2015 for branding and marketing purposes. They remain a cooperative and are owned by their members.

Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Aug 17, 2014 Oct 12, 2005
Total Loans $2,400,325 $1,343,861,275
Amount of raised Inactive loans $0 $1,330,300
Number of raised Inactive loans 0 1,607
Amount of Paying Back Loans $1,449,575 $148,429,925
Number of Paying Back Loans 2,813 196,210
Amount of Ended Loans $950,750 $1,194,101,050
Number of Ended Loans 2,480 1,538,247
Delinquency Rate 1.38% 10.11%
Amount in Arrears $10,321 $9,480,164
Outstanding Portfolio $709,306 $93,799,319
Number of Loans Delinquent 604 57,316
Default Rate 0.39% 1.78%
Amount of Ended Loans Defaulted $3,688 $21,263,302
Number of Ended Loans Defaulted 11 51,596
Currency Exchange Loss Rate 0.08% 0.39%
Amount of Currency Exchange Loss $1,919 $5,195,261
Refund Rate 0.03% 0.60%
Amount of Refunded Loans $625 $8,038,950
Number of Refunded Loans 1 8,002

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 100.00% 76.43%
Average Loan Size $454 $394
Average Individual Loan Size $454 $609
Average Group Loan Size $0 $1,762
Average number of borrowers per group 0 7.7
Average GDP per capita (PPP) in local country $5,200 $5,772
Average Loan Size / GDP per capita (PPP) 8.72% 6.82%
Average Time to Fund a Loan 2.57 days 7.13 days
Average Dollars Raised Per Day Per Loan $176.37 $55.26
  Average Loan Term 29.6 months 11.35 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 4,009 798,145
  Journaling Rate 90.76% 43.14%
  Average Number of Comments Per Journal 0.00 0.03
  Average Number of Recommendations Per Journal 0.00 0.80

Borrowing Cost Comparison (based on 2017 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 23% APR 40.00% PY 25.24% PY
  Profitability (return on assets) 3.54% 1.8% -1.27%
  Average Loan Size (% of per capita income) N/A 23.00% 13.01%

Country Fast Facts

Field Partner Staff

Kamaruddin Batubara
Fauziah Islamiah
Deden Kwanlee
M. Anwar Solihin
Santi Susanti
Radius Usman