BMTs reduce poverty through a ramp of financial services tailored to the levels of economic development within their community by combining faith-based donations with commercial finance.
Baitul Maal Wat-Tamwil ("BMT"): A Faith and Community Based Microfinance
Saat Suharto, a young Muslim activist, began a small organization in 1992 that used funds from zakat and other charity based collections to give interest-free loans to traders.
Focusing on customer relationships has delivered strong financial results for this innovative microfinance institution
BMT Beringharjo began its work on charity based models, such as food transfer, free-of-charge health services, sanitation and fresh water supply for the poor, and a scholarship program for orphans.
Learn how highly tailored financial services & close connections with the local community have built a sense of loyalty towards this institution
BMT UGT Sidogiri is the largest cooperative in Indonesia with 280 offices spread across the country.
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