Transforming Risk-Averse Banks into Microfinance Champions in a Post-Disaster and Post-Conflict Environment

Publication | October 2009

The ADB-assisted Earthquake and Tsunami Emergency Support Project aimed to foster economic growth and reduce poverty by developing sustainable and responsive financial services for micro and small enterprises.

Highlights

  • Adoption of Grameen microfinance technology by risk-averse, development-oriented banks was a prominent feature of the Earthquake and Tsunami Emergency Support Project in Indonesia.
  • The project raised awareness of the potential of microfinancing by sharing good practices, revealing opportunities, conducting exposure trips, providing training and refresher courses, monitoring, and building full commitment at all levels in partner banks in the management and provision of microfinance.