Indonesia Financial Services Authority (OJK) officially launches Roadmap for the Development and Strengthening of Microfinance Institutions 2024-2048. The successful implementation of this Roadmap relies on the collaborative efforts of all stakeholders, ensuring the development of a robust and credible Indonesian MFI industry. This industry will prioritize serving the microfinance segment, actively supporting government programs, and contributing to community empowerment and consumer protection, all while adhering to the principles of good corporate governance.
The Roadmap for the Development and Strengthening of Microfinance Institutions 2024-2048 emphasizes five core strategies as priorities:
Enhancing governance frameworks, risk management practices, and human resource (HR) capacities.
Advancing regulatory mechanisms, supervisory frameworks, and licensing processes.
Empowering consumers and communities through education, literacy, and capacity-building initiatives.
Facilitating the development of essential ecosystem components.
Establishing robust data infrastructure and information systems.
The implementation of these strategies will unfold in three key phases: the first phase, focusing on strengthening and consolidation; the second phase, aimed at creating momentum; and the third phase, centered on adjustment and growth.
OJK hope that this Roadmap for the Development and Strengthening of Microfinance Institutions 2024-2048 is therefore designed to serve
as a vital tool in shaping the development trajectory and strengthening the resilience
of the MFI sector over the next five years.
Download the Roadmap for the Development and Strengthening of Microfinance Institutions 2024-2048 in the attached file on this page.
