| dc.description.abstract | This article discuss about microfinance organizations. The research based on
analysis of efficiency of Badan Kredit Desa (BKD) in Sukoharjo district in Central of
Java Province. In the earlier, paper discuss about microfinance and its role in the
economics development. Analysis data use Data Envelopment Analysis with three
inputs and two outputs to analysis of financial performance and eight inputs and four
outputs to analysis of general efficiency. This research found that from 169 BKD
used as setting in this research, only 21 BKD have efficiency in finance performance
and 73 BKD in general performance. In the future, microfinance organizations
(BKD) need innovation especially in the system which originated in developing
countries where it has successfully enabled extremely impoverished people to engage
in self-employment projects that allow them to generate an income and, in many
cases, begin to build wealth and exit poverty. Due to the success of microcredit,
many in the traditional banking industry have begun to realize that these microcredit
borrowers should more correctly be categorized as pre-bankable; thus, microcredit
is increasingly gaining credibility in the mainstream finance industry and many
traditional large finance organizations are contemplating microcredit projects as a
source of future growth. | en_US |
