The Asia Pacific Rural and Agriculture Credit Association (APRACA) received a grant from International Fund for Agriculture Development (IFAD) to identify the opportunities available in expanding the access to rural financial services for the poor in five selected countries, including Indonesia. The addressed activity is documented under the RuFBeP project which completed the first phase of the program in January 2015. The first phase in Indonesia has successfully documented three best-practices by the microfinance institutions that can serve as an example for inclusive financial services.
Taking the study result further, APRACA seeks to implement the second phase of the RuFBeP program by piloting the best identified practices in selected operating environments. MICRA has been chosen as the official consultant to assist the pilot implementation in Indonesia.