MIC Microfinance International Cooperation
History
As a leading microbanking institution, BRI has played an active role in promoting microfinance through sharing its microbanking best practices with other institutions around the world. In 1996 BRI established the International Visitor Program (BRI-IVP) under a partnership agreement between BRI and USAID. Furthermore, BRI signed a partnership with the Consultative Group to Assist the Poorest (CGAP) to develop the capacity building of BRI-IVP. The BRI-IVP offers a unique training program which enables the participants to learn from BRI success as well as its failures in developing microbanking The approach and methodology applied in the training are practically oriented.
BRI-IVP is supported by a group of experienced microbanking specialists and field staff. After a few years, BRI-IVP has been renamed into Microfinance International Cooperation in which under the new name, the bank aims to expand the cooperation between the bank and others MFIs all over the world.
Future Vision
More Than Training Partner
The United Nations Year of Microcredit in 2005 helped move the issue of microfinance onto the world’s agenda. As we look to the future, MIC is ready to purposefully step forward into the world arena, to move beyond our training role. We would like to be your institutional partner, to help and support those who want to adopt our microbanking system.
We want to provide further services from advising, consulting and mentoring to forming strategic alliances with others—extending the outreach and knowledge of sustainable, commercial microbanking around the world. We would like to be a global partner, collaborating with other institutions from many different countries. Global poverty reduction is not the job for only one system or organization. We invite you to work together to achieve that goal.
