MICROBANKING BULLETIN - Microfinance Information Exchange

APPENDICESACRONYM NAME, LOCATION DATEAMKASABAACBanADEMIBanco doPovo de Juizde ForaBancoSolBancoPeqEmp(BPE)Bank DagangBASIXBOSPOBRACBRIBURO,TangailCalpiáCAMAMK Posusje,Bosnia and HerzegovinaAssociation for SocialAdvancement,BangladeshBank for Agriculture andAgricultural Cooperatives,ThailandBanco de DesarrolloADEMI, S.A.,Dominican RepublicBanco do Povo de Juiz deFora,BrazilBanco Solidario, S.A.,BoliviaBanco de la PequeñaEmpresa, S.A.,Dominican RepublicBank Dagang Bali,IndonesiaBharatiya SamruddhiFinance Ltd.,IndiaBOSPO,Bosnia and HerzegovinaBangladesh RuralAdvancement Committee,BangladeshBank Rakyat Indonesia,Unit Desa System,IndonesiaBURO, Tangail,BangladeshFinanciera Calpiá, S.A.,El SalvadorCentro de Apoyo a laMicroempresa,El SalvadorDATAQUALITYRATINGDESCRIPTION OF MICROFINANCE PROGRAM12/99 B AMK is a limited liability company founded in 1997 to providemicrocredit to low income self-employed individuals in urban areas.It is financed by the Local Initiatives Department of the World Bankthat aims to improve access to credit to the poor to promoteeconomic reconstruction.12/99 AAA ASA is an NGO that offers credit services to the rural poor inBangladesh. The majority of its clients are landless women. It wasfounded in 1978 and shifted from an earlier, integrated developmentstrategy to its current focus on financial services in the early 1990s.It uses a village level group lending methodology.03/98 AAA BAAC is a government-owned agricultural bank that lends to smallfarmers and farmers’ cooperatives. Founded in 1966, its outreach inrural areas of Thailand is now estimated to cover more than 80% offarm families.12/99 A Banco ADEMI is a formal financial institution, which beganoperations in 1998. The bank is the successor to the NGO, ADEMI,which was involved in microcredit since 1982.06/99 AAA Banco do Povo de Juiz de Fora is an NGO operating in Juiz de Forain Brazil. It offers individual loans to microentrepreneurs and wasfounded in1997. It was formerly known as FAEP.12/99 A BancoSol is a licensed commercial bank devoted to microfinance,offering microenterprise credit and passbook savings. Its creditprogram focuses on group loans, and it operates primarily in urbanareas of Bolivia. It grew out of the NGO PRODEM and was spun offas a bank in 1992. It is an affiliate of ACCION International.12/98 AAA Banco de la Pequeña Empresa was created to serve bothmicroenterprises and small businesses, and has just completed itsfirst year of operations. It s a formal financial sector institution andholds a license to operate as a development bank. It is an affiliate ofACCION International.12/98 AAA Bank Dagang is a private commercial bank that offers savings andcredit facilities to primarily low-income clients in Bali. It was foundedin 1970.03/99 AAA BASIX was set up in 1996 to provide financial services to the ruralpoor, to promote self-employment, and to provide technicalassistance to microentrepreneurs and rural financial institutions.12/99 B BOSPO is a NGO founded in 1995 to provide microcredit to solidaritygroups made of low income women entrepreneurs in secondarycities of Tuzla. It is financed by the Local Initiatives Department ofthe World Bank that aims to improve access to credit to the poor topromote economic reconstruction.12/99 AAA BRAC is an NGO that started in 1972. It provides both financial andnon-financial services primarily in rural areas. The financial servicesinclude the provision of microloans and mobilization of savings.12/99 AAA BRI is a government-owned bank oriented towards rural areas,which has operated since 1897. The Unit Desa system is anextensive network of small banking units, which function as profitcenters and provide individual loans and savings services. Thesystem has existed in its current form since 1984.12/99 AAA Flexible voluntary open-savings, microloans and insurance servicesare provided by BURO Tangail since 1990. It is an NGO.12/98 AAA Financiera Calpiá began as an NGO, AMPES, and was convertedinto a finance company in 1995. It offers individual loans tomicroenterprises and small businesses and has started to mobilizesavings. It operates mainly in urban areas, although 25% of itsportfolio is now in rural areas.12/99 B FINCA’s affiliate in El Salvador, the CAM was founded in 1990 and isone of FINCA’s largest affiliates serving over 16,000 clients in all 15geographic departamentos in El Salvador.60 MICROBANKING BULLETIN, SEPTEMBER 2000