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18 | Sharia-Based Microfinance Institution Building and Management: An Experience Between Indonesia and Uganda

COUNTRIES INVOLVED // Indonesia and Uganda

CASE STUDY INSTITUTION/S AND AUTHORS // University of Indonesia (Jakarta, Indonesia)
Authors: Ida Ruwaida and Bagus Aryo

What was this activity about?

This case story is a reflection of experience between Indonesia and Uganda to develop Sharia1 based microfinance. Based on a qualitative approach, this study explores the practices and experiences of Indonesia‟s facilitating Uganda to develop Sharia microfinance. As part of south-south cooperation (SSC) program, the significance of this study is not only obtaining lessons learned from Uganda‟s case on developing Sharia microfinance services, but also to show the relation of regional agendas of SSC and aid effectiveness, including the capacities of the SSC providers for promoting innovative approaches in economic sector and modalities. This case story will support the capacities to cope with global challenges, particularly related to the key challenges to be improved, such as the ownership and mutual accountability; development challenges; role of champions; triangular cooperation; coordination with regional & global mechanism; and cultural challenges.

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