BackgroundIn November and December 2017, a two-days training workshop was organized jointly by the Otoritas Jasa Keuangan (OJK) in partnership with the International Labour Organization (ILO) by organizing a training for representatives of Bank Pembangunan Daerah (BPD) that are responsible for microfinance. These training were held in Jakarta and Makassar. As these trainings were well received by the participants and considered useful by OJK, the PROMISE IMPACT project in collaboration with OJK, will once again jointly organize a two days training for ASBANDA representatives in the city of Ambon.
Purpose and ObjectivesThe purpose of the training is to introduce strategies and business practices to effectively manage financial institutions that provide services to small businesses, low-income households, and development financing.
The training will also cover measures to improve business processes to increase market share and improve performance and profitability. A key component of this training is to demonstrate the complimentary nature of pursuing both profitability for the banks as well as creating greater social impact for the clients. In addition, there will also be a session where OJK would invite vendors of financial service providers to explain about new products that potentially could be utilized by the financial service providers
Among others the resource persons for the training are two trainers who are certified to deliver ILO’s Making Microfinance Work training course in Indonesia. Besides that there will be resource persons/experts from OJK, ILO, financial institutions, and other relevant institutions.