Tsunami Recovery: Rebuilding Aceh
This presentation documents the stories of women who received loans from the MFI, Mitra Dhuafa, in Aceh, Indonesia, describing how they used their loans to rebuild their lives.
Grameen Foundation started its program in Aceh to support long-term economic recovery for tsunami survivors in 2005.Grameen, with the Abdul Latif Jameel Group and the American Red Cross, focused on strengthening a local Indonesian MFI, Yayasan Mitra Dhuafa, to provide financial services to poor women, who were among the worst impacted by the disaster. The project helped Mitra Dhuafa:
- Get loan capital;
- Improve efficiency;
- Streamline its financial management;
- Strengthen its field operations;
- Better manage its staff.
Over the last four years, Mitra Dhuafa has opened nine branch offices in the four most devastated districts of Aceh, providing thousands of income-generating loans. These loans have empowered borrowers and afforded them opportunities for livelihood. Mitra Dhuafa's borrowers are able to fulfil their basic needs for food, education, and healthcare, making it possible for them to revitalize their communities and move out of poverty permanently.