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MOU Andara Link
4 Oct 2010 Downloads:
   



Irianto Kusumadjaja as the Director of Operations and Information Technology Bank Andara (left) and Made Arya Amithaba as the Head of DPD Perbarindo Bali

Since its establishment one year ago, Bank Andara has been putting its slogan ‘Moving Microbanking forward” into action by partnering with MFIs such as rural banks (BPRs), cooperatives for savings and loans (KSP), village cooperatives (KUD), credit unions (CU) and other types of MFIs. The bank exists as a wholesale strategic business partner to the Indonesian microfinance sector motivated to help massive numbers of low income Indonesians. In this role, Bank Andara has been working with MFIs to provide the technology they need to help their underserved and unbanked customers gain access to the financial services and products that MFIs alone cannot provide, but which their customers so desperately need.
The shared technology system service provided by Bank Andara will be affordable and effective in helping MFIs improve their capacity and performance so that they can provide for the underserved and unbanked more efficiently. “AndaraLink” unites MFIs with a technology platform to provide highly accessible and added value comprehensive services and products to its customers. AndaraLink aims to enable an MFI to be able to provide services that have added values to its customers, which in this case is the fee-based products, including bill payment and money transfers, then microinsurance, cell phone airtime recharge, and finally joint savings, with access of mobile banking and ATM.
On Tuesday, September 28th 2010, the signing Memorandum of Understanding (MOU) Andara link between DPD Perbarindo Bali and Bank Andara was held at Bank Andara new office in Denpasar which located on Jl. Hayam Wuruk 137, Denpasar. The event was attended by the management of DPD Perbarindo Bali, the chairman of DPC Perbarindo Bali, and Directors of BPRs in Bali and from Bank Andara including Mr. Irianto Kusumadjaja as Director of IT & Operations Bank Andara, Mr. Don Johnston as Director of Business Bank Andara and Mr. I Wayan Gatha as one of Bank Andara’s shareholders. The event has been successfully and had a positive response from 26 MFIs that directly states will join Andara Link through signing Letter of Intent (LoI). They are:
1.         BPR INDRA CANDRA
2.         BPR JAYAKERTI
3.         BPR ASHI
4.         BPR DEWANGGA BALIARTHA
5.         BPR MAYUN UTAMA PERDANA
6.         BPR DESA SANUR
7.         BPR PARTHAKENCANA TOHPATI
8.         BPR HARI DEPAN
9.         BPR SINAR KUTA MULIA
10.       BPR ARUNA NIRMALA DUTA
11.       BPR EKA AYU ARTHA BHUWANA
12.       BPR TATA ANJUNG SARI
13.       KSP CITRA MANDIRI
14.       BPR ARTHA BALI JAYA
15.       BPR BANK PASAR BANGLI
16.       BPR SARASWATI EKABUMI
17.       BPR TRIDARMA PUTRI
18.       BPR GIRI SARI WANGI
19.       BPR KUSUMA MANDALA
20.       BPR NUSAMBA MANGGIS
21.       BPR ADI SEDANA AYU
22.       BPR KINTAMANI PERDANA
23.       BPR CAHAYA ARTHA BALI
24.       BPR BANK BULELENG 45
25.       BPR LUHUR PUCAK SARI
26.       SUKAWATI PANCAKANTI
 
Furthermore, there are also 9 MFIs who joined the pilot as below:
1.         PT. BPR NUR SEMESTA INDAH
2.         PT. BPR SEJAHTERA ARTHA SEMBADA
3.         KSP ARTHA GUNA
4.         PT. BPR PINANG ARTHA
5.         PT. BPR INTIDANA SUKSES MAKMUR
6.         PT. BPR HANEDA MITRA USAHA
7.         KOP. BPR EKA USAHA
8.         KOPDIT PELITA
9.         YAYASAN DIAN BHUANA SEJAHTERA VENTURA
 
In summary, the total of MFIs until the end of September 2010 are 35 MFIs that have expressed interest in joining the Andara link. This is expected to broaden the scope of their services, thus indirectly by the MFIs in the more rural area. Through this link provided to MFIs, the area yet untouched by banking services will start improving in terms of economy welfare.
 
 
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MOU Andara Link
   
3 Sep 2010 | Event
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2 Sep 2010 | Event
Extension of MOU Andara Bersama BPR
   
2 May 2010 | Event
Bank Andara First Anniversary
   
13 Nov 2009 | Event
Training for BPR Management, 2nd Batch
   
 
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