Impact of COVID-19 on MFIs in Indonesia: A Rapid Assessment
This study is expected to inform stakeholders on ways to provide support to microfinance institutions (MFIs) so that they can continue their work, sustain their own business and extend financing to low-income households and microbusinesses.
The study was designed as a mixed survey (quantitative and qualitative) using a purposive sampling method. Data collection was done through self-assessment using a digital platform (KOBO Toolbox). For this particular survey, the link to the questionnaire was sent to managers and staff of numerous MFIs in Indonesia between 21 April - 6 May 2020. 52 respondents from 24 MFIs participated in the study, i.e. from banking (seven institutions) and Non-Banking (17 institutions).