Institutional due diligence of KOMIDA in Indonesia

• Jul 29, 2025
• 1 min

Opportunity International Australia (OIA) sought to expand its impact in Indonesia by identifying microfinance institutions (MFIs) aligned with its investment principles. Koperasi Mitra Dhuafa (KOMIDA), a cooperative utilizing a modified Grameen group-lending model, was shortlisted as a potential debt investment partner. To assess KOMIDA’s institutional capacity and alignment, OIA engaged MSC to conduct a detailed due diligence.

MSC deployed a multidisciplinary team to conduct a comprehensive due diligence of KOMIDA. The process involved both a desk-based review and a field-level institutional assessment. At KOMIDA’s head office in Jakarta, MSC reviewed core documents on credit, operations, finance, HR, MIS, and internal audit to evaluate the business model and portfolio profile.

The team also held in-depth interviews with board members, senior leadership, and functional heads to understand governance practices, strategic direction, and institutional maturity. Field visits were conducted in four branches across West Java and Jogjakarta, where MSC used focus group discussions (FGDs), individual interviews, and a sample-based portfolio audit to validate credit processes. 

MSC’s due diligence provided OIA with a comprehensive understanding of KOMIDA’s institutional strengths and operational gaps. Based on the findings, OIA proceeded with a debt investment that enabled KOMIDA to expand its outreach from 150,000 to over 500,000 clients within three years. The partnership helped position KOMIDA as one of the leading MFIs in Indonesia’s microfinance sector.

Opportunity International Australia (OIA) commissioned the project.