EN 
IN
Journal article
Micro Finance Existence in Global Competition Case Study of Balinese Traditional Microfinance Institution
Ida Bagus Putu Purbadharmaja Ni Made Tisnawati NI PUTU WIWIN SETYARI
Volume : 22 Nomor : 9 Published : 2017, September
IOSR Journal Of Humanities And Social Science (IOSR-JHSS)
Abstrak
Lembaga Perkreditan Desa or LPD is a traditional micro finance institution in Bali. It’s called traditional because they operate based on local government regulation which is roots from traditional village rules (namely awig-awig). Both of LPD strength and weakness lies on their limited operational areas within a traditional village as tightly regulated in awig awig. This study was conducted to map out the LPD ability to face financial inclusion challenge, especially in the ASEAN Economic Community (AEC) era that forced LPD to compete with other financial institutions including overseas banks. The result indicates if the LPD has its own place in the course of economic development and the traditional structures of Balinese people. Hence the challenge of increasingly fierce competition in the banking sector can be transformed into opportunities by products diversification and more professional management