Status: Completed

Summary

In November 2009, the DAMAR-KOMPIP cooperative was founded to build on the success of the NEF model by supplementing the services currently provided. Acting as a legally independent microfinance institution, the cooperative will provide increased financial services to economically active members of impoverished communities, including savings, retirement, insurance and access to larger loans. Additionally, KOMPIP will use its decade of experience in grass- roots community empowerment to assist the cooperative’s members to gain access to critical social services that have been pledged by the government, especially in the areas of education and healthcare.The DAMAR-KOMPIP cooperative’s working system will be based largely on the Grameen model.

Related files:
Report on Partnership with BASIX
Concept Paper March 2010
RMF KOMPIP Presentation

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