microGREENFUND

Check out the web site of the microfinance organization at http://microGREENFUND.blogspot.com 


To see all our blog posts related to GREEN ECONOMY, BANKING and TECHNOLOGY Please check http://GREENBankforINDONESIA.blogspot.com   http://darmawancomputing.blogspot.com   http://BankGreenBETA.blogspot.com   http://darmawanGREENFUND.blogspot.com


We are busy preparing the BETA site, please feel free to share with us your comment and ideas to darmawanconsulting@gmail.com

In 2006 Muhammad Yunus won the Nobel Peace Prize for his work as the founder of the Grameen BankGrameen started out giving tiny loans--known as micro-loans--to the poorest of the poor in Bangladesh.  In so doing, the bank was able to cut out the payday lenders and loan sharks that were charging the poor exorbitant interest and, as a result, the borrowers were able to quickly and permanently lift themselves out of poverty. The assumption, which has been validated by 30 years of astounding results--has always been that the poor don’t lack the energy, drive, talent an skills to get out of poverty; rather, they lack the access to capital and other opportunities to do so.  Micro-credit works because it provides the missing link. 

The concept of micro finance has spread around the world, and is now recognized as an essential tool in the fight against poverty.  Roughly 100 million people have received micro-loans to date, demonstrating the far-reaching impacts of providing access to capital to low-income entrepreneurs.

The challenge that We are issuing here is twofold.  First, We are looking at ways of increasing the effectiveness of microfinance and GREEN FUND in Indonesia, and secondly We are eager to look at how to expand microfinance programs such that they also finance environmental projects, such as the installation of mini hydro electrical/power plant for use in remote area or our pilot projects community.  To that end, We have have begun researching the feasibility of creating a microfinance loan fund in Our pilot projects Community,  The goal is to create a program with low operating costs, that can effectively reach low-income residents in our pilot projects community, provide them with business training and access to capital, and work with them to ensure success.  At present we invite you to share and join us in start-up for a pilot phase in January next year or earlier.

We are creating this page because We are a big believer in the open-source, collaborative approach to problem solving, where the ideas of many people are welcomed and debated in a spirit of openness and honesty.  The goal here is to address poverty in a meaningful and systematic way; any ideas, comments or suggestions towards that end are much appreciated. 


Feel free to share with us at darmawanconsulting@gmail.com