The Gospels--Mark Research Paper Example | Topics and Well Written Essays - 1750 words

The Gospels--Mark - Research Paper Example According to the Old Testament Elijah and Moses never died but they were taken by God. They dwell in the heaven with God and interact with Jesus, who will also soon be taken by God to his holy place. The three servants of God – Elijah, Moses and Jesus symbolized the defeat of death by people who are faithful to God. The account of the transfiguration of Jesus in the mountain signifies that Jesus is the son of God, a faithful servant of God, a prophet and a messiah. When the three disciples – Peter, James and John came down from the mountain with Jesus, he gave them the instructions not to reveal what had happened in the mountain. This restriction of revelation can be connected to the fact that the Gospel is yet to come and is not completed at that time.      Ã‚  Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚   The transfiguration of Jesus on the mountain is significant in so many ways† (Lane). It first of all signifies the fact that people who are faithful to God will continue to live forever. It also exemplifies the power and abilities of God and that God never abandons his follower. This Chapter is an important part in the bible as it demonstrate the power of God and illustrates the need of a good Christian to learn to listen to Jesus and that all events and people points towards God. The imagery and the insights also give us the kingdom which is to come and the glory of the kingdom. It also tells gives us glimpse of the future kingdom come and it also signifies that God takes care of people who are his faithful follower by giving them a place in heaven after life here on earth. This verse demonstrates the power of God and how God’s abilities far exceed our human abilities.    The bible is the holy book for the Christian people and it is the collection of a primary religious text of Christianity. The Bible is an account of the work of God. It describes the origin and men, how they fall into sins and how would restore mankinds relationship with God. The bible is

Personal Stat Statement Example | Topics and Well Written Essays - 750 words

Stat - Personal Statement Example ed knowledge in this particular endeavor poses continued learning opportunities and the chance to influence a positive change in contemporary societies. I am keen on pursuing the Doctoral program in Mass Communications to further enhance the theoretical frameworks and skills gained as well as developed from past academic levels. Likewise, I am immensely enthusiastic in the area of new media due to the continuing evolution of the digital and online realm. I have been in the United States since 2009 and realized the fast pace of life brought about by advances in telecommunication. The role of practitioners in mass communications becomes increasingly relevant in the dissemination of information in the digital field. The greater challenges faced by mass communication graduates are confirmed to be sourced from the forces driving globalization. As such, one needs to be adept, not only in social theories, but more so, in cultural theories. Both courses are to be expounded in the Doctoral Program, in conjunction with course modules focusing on developing teaching skills, as well as research. My personal and professional goals are to return to my home land in Dubai and to be an active practitioner of mass communications: either as an academician or an entrepreneur. Actually, I already own a couple successful small businesses in Mississippi. From the experience, I realized the importance of having graduated with a degree in advertising. The theoretical frameworks learned assisted in the design of strategies which assisted in promoting the products and services offered. Yet, I realized that advanced knowledge in mass communications would offer greater opportunities to widen my professional perspectives. The digital sphere continues to evolve and I strongly believe that it would continue to influence the development and sustained success of contemporary organizations. I intend to venture in the international market in the future. As such, advanced knowledge through the

Tennessee Williams Essay Example for Free

Tennessee Williams Essay Elia Kazan once said of Tennessee Williams that Everything in his life is in his plays, and everything in his plays is in his life. This statement could not possibly be more correct as every main character in A Street Car Named Desire whether it is their situation, physical description or personality traits can be linked to somebody who had played a role in Williams life. Firstly, the relationship between Stella and Stanley reflects that of Williams own parents. His family life was wracked with violent arguments and a tense atmosphere, which is clearly displayed in the play by Mr and Mrs Kowalski. Stellas attitude towards her marriage can be compared to that of Williams own mother Edwina. Stella says of Stanleys violent behaviour that people have got to tolerate each others habits, I feel that Williams depicted his own mother when creating Stella as he and his sister Rose often encouraged his mother to leave their abusive father but she was adamant to stay. It could be also said that the relationship between Stella and her sister Blanche is like the one Williams had with his sister Rose. Blanche is obviously mentally unbalanced and requires constant care and attention from Stella, however she is mortified when Blanche is committed to the asylum asking Eunice, What have I done to my sister? This is an event in the play that would certainly perturb Stella physiologically for the rest of her life. This echoes Williamss life because his sister had a full frontal lobotomy performed on her with the consent of her mother, this deeply disturbed Williams and I think there is a hint of this displayed in Blanches mentality and Stellas attitudes towards it. He also took care of his sister for the majority of her life as Stella did for Blanche before she left Belle Reve and also in the painful months before she was committed. Stella dotes on her sister and I think Williams felt the same way for his sister Rose. Blanche is the main character in the play but it can be difficult to define how Williams would feel close to her. I think however the issue of sexuality is what his empathy with Blanche is constructed of. Blanche is promiscuous and gives away her love freely but all of this is because of past rejection and heartache. Blanche was married when she was very young but she caught her husband in bed with another man and at the time when this was written, homosexuality was looked upon as disgusting, abnormal and considered a sin. Williams was a homosexual and perhaps this situation was his way of adding his personal feelings and issues that had affected him into Blanches persona. After consideration however, I actually feel that Williams feels closest to Stanley. Williams actually had a close friend named Stanley Kowalski when he was forced to work at the International Shoe Company for his father. Even though he is considered the villain of the play, I think Williams saw his father in Stanley. The violence he witnessed in his early years obviously affected him deeply and perhaps he felt that all marriages were in fact based on desire and sex as opposed to love. Perhaps this is why he was homosexual. Also, I think Stanley has some of the same traits as his creator, Stanley is a heavy drinker and gambler and these are problems that ailed Williams during the course of his life. It would appear that Williams never had the luxury of the truth about his familys issues being concealed from him I think this is why he made Stanley such a realist and allowed him to expose Blanche. It is clear that Williams was never expecting a happy ending both in the play and his life. My personal feelings are actually very different. Although I can understand why Williams would feel close to Stanley I have no empathy for the character myself. The person I feel closest to in the play is actually Mitch. I would like to think Mitch could be defined as the hero of the play; one of Blanches first observations of Mitch is that he seems different from the others. Mitch was Blanches ticket to happiness and if it werent for Stanley all of this could have been possible. I think the reason why I feel so close to Mitch is because of his touching behaviour in Scene eleven. When he realises what is happening to Blanche he threatens to kill Stanley for what he has done but his emotions and love for Blanche overcome him and he collapses at the table sobbing. Stanley may be the king but Mitch is a human being at least.

BPR Microfinance Institution in Indonesia

BPR Microfinance Institution in Indonesia Chapter 1   Introduction 1.1  Background It is believed that microfinance helps low-income people alleviate their life from poverty circumstances in many developing countries. As an economic instrument which has been raised in the middle of seventies, the thought of microfinance came up from the fact that low-income people difficult to access financial services from commercial or formal banking institution which may disadvantage them or even not including them as potential clients. The reason is that, which often we may hear for several times, low-income people lack of collateral for guarantee some amount of money they want, and in the commercial financial institutions point of view it is costly to serve them due to unequal cost-benefit and high transaction cost: low-income people tend to borrow in small amount but the commercial financial institution maintain high cost for processing and assuring their repayment. These costs are not proportional with the amount of loan given to them. A formal microfinance institution existing in Indonesia is the Bank Perkreditan Rakyat/BPR (People’s Credit Bank or Rural Bank)[1] which is established by the Banking Act. The main objective of the BPR is to serve small businesses[2]. It means that BPRs can enhance their role and contribution in the development of micro and small business[3]. In Indonesia, like other developing countries, micro, small and medium enterprises (MSMEs)[4] play significant role in economy. The role of MSMEs can be viewed as an important factor for Indonesia to recover from economic crisis and to lead economic growth and employment. Statistics Indonesia (Badan Pusat Statistik/BPS) and Ministry of Cooperatives and Small-Medium Enterprises reported[5] that, the average contribution of SMEs’ share to total GDP Indonesia from the period of 2001 2007 was 60.77%, while at the same period large enterprises (LEs) contributed 39.23% which can be seen in Table 1. Source:  Statistics Indonesia (BPS) and Ministry of Cooperatives and Small-Medium Enterprises (various editions) In terms of employment creation, MSM enterprises have passed over large enterprises. Table 3 provides worker absorption by types of enterprises. It shows that small enterprises have absorbed approximately 91% of employment during 1999-2006, while medium and large enterprises have provided by 5% and by 4% of employment in Indonesia. Source  : Cooperative Statistics cited in Nazara and Gitaharie (2008), edited by author Based on the data which are discussed in the previous paragraphs, it can be concluded that micro, small and medium enterprises (MSMEs) have a big role and a potential as a driver of the domestic economy. Nevertheless, they still have several constraints, for instance, product market accessibility, lack of management skills, and limited access to financial sources, especially from commercial banks, to meet their demand for finance. A survey conducted by Statistics Indonesia (BPS) concluded that the biggest problem for micro and small enterprises is lack of capital for financing their business.  The survey recognized that  problem in finance for micro enterprises was accounted for 40.48%, while for small enterprises was 36.63% (Wardoyo and Prabowo 2003: 31). In Indonesia, small and medium enterprises can acquire their finance from several sources. According to Nazara and Gitaharie (2008) which refer to statistical data from BPS 2000; 82,960 SMEs got their finance from non banking financial institution; 385,383 SMEs got their finance from banks; and 661,630 SMEs got their finance from other sources. It is clearly from the data that most of SMEs rely on sources other than formal institutions. These figures were not taking into account for SMEs which have no legal entities (Nazara and Gitaharie 2008: 8). From SMEs point of view, they face kinky administrative procedure and also they have to provide collateral as guarantee to get loans from commercial banks. This condition leads SMEs favoring in Bank Perkreditan Rakyat/BPR (People’s Credit Bank or Rural Bank) and other financial institutions which provide simpler in administrative procedures, but higher in interest rates compared to commercial banks (Nazara and Gitaharie 2008: 8). Even though entrepreneurs are burdened with high interest rates, they do not much complain about it as long as they have access to formal credit (Berry et al. 2001 as cited in (Sunarto 2007: 2)). In line with the condition in which SMEs favoring in BPRs, Sunarto (Sunarto 2007: 4) stated that BPRs have several advantages in serving to SMEs, those are: (1) its location which is close to SMEs, (2) simpler in credit procedures, (3) accentuate a personal approach in its services and (4) more flexible.   This paper is focused on the role and contribution of BPR, one of the formal types of microfinance institutions in Indonesia, as the suppliers of funds to different types of enterprises especially to micro and small. The discussion emphasizes on credit allocation delivered by BPRs to the micro, small and medium enterprises. Comparative analysis will be made between commercial banks[6] and BPRs for analytical purposes in two things. Firstly, the comparison in terms of allocation of credit which does not consider other variables playing a role in borrowing, for instance interest rates and so on. The comparative result is not in the amount of the credit disbursed but in the percentage of allocation for each type of enterprise. Secondly, the comparison in terms of performance will be discussed through some indicators. Furthermore, the performance indicators of BPRs will be compared with their criteria which set by Bank Indonesia to see whether those indicators improving or deteriorating. 1.2  Research Objective and Research Questions Research Objective The objective of this paper is to study the role and performance of Bank Perkreditan Rakyat (BPR), as one of microfinance institutions in Indonesia, in financing micro, small and medium enterprises. Research Questions In order to achieve the research objective, this paper proposes research questions as follows: 1.  What is the role of BPRs as supplier of funds to different types of small and medium enterprises, in particular micro enterprises? 2.  What is the performance of BPRs in relation to credit provision to micro and small enterprises? 1.3  Research Hypothesis Bank Perkreditan Rakyat (BPR) was established with the main objective is to serve small-scale business and people in rural areas. Therefore, the first hypothesis is that BPRs are reaching their main objective as supplier of funds to micro, small and medium enterprises as mandated by regulation (i.e., banking act). In order to meet the objectives, it is needed good performances which are reflected from their performance indicators. Therefore, the second hypothesis is that performance indicators of the BPRs have met with the standards which set by the Indonesia banking authority. 1.4  Organization of the Paper This paper is divided into five chapters. Chapter 1 is introduction which contains background of the research, research objective and research questions, research hypothesis, and organization of the paper. Chapter 2 is review of the literatures and analytical framework for the research. Literature reviews discuss about definitions of microfinance and microfinance institution, the approaches can be taken by a microfinance institution in order to serve the clients, the models of microfinance institutions, the types of microfinance institutions in Indonesia and the pyramid of them in relation to potential customers and performance indicators. Analytical framework discusses about the way in which the research will be achieved. Chapter 3 is the microfinance institutions in Indonesia which contains their brief history and recent condition. Chapter 4 is analysis of the role of BPRs in financing micro, small and medium enterprises which contains overview of the chapter, data source for the analysis, methodology of the analysis, some information about commercial banks and BPRs, and analyzing to answer the research questions. Chapter 5 is conclusion.   Chapter 2   Literature Review and Analytical Framework 2.1  Literature Review There are many definitions about microfinance proposed by several researchers and institutions. This paper uses some definitions given by Robinson, Ledgerwood, Consultative Group to Assist the Poor (CGAP), and Asia-Pacific Economic Cooperation (APEC) to describe microfinance. Robinson (Robinson 2001: 9) defined microfinance as small size financial services (mainly saving and credit) given to people who having farm or fish or herd; people who running micro or small enterprises which producing, recycling, repairing or selling goods; people who offering services; people who working for commissions or wages; people who having earnings from renting the land, vehicles, draft animals, or machinery and equipment; and people or other individuals and groups from both rural and urban areas at the local level from the developing countries. Consultative Group to Assist the Poor (CGAP)[7] which uses terminology â€Å"poor people† and Ledgerwood which uses terminology â€Å"low-income clients† pointed out to person who receives basic financial services from microfinance including self-employed people. Furthermore, Ledgerwood (Ledgerwood 1999: 1) stated that definition of microfinance comprises not only in financial intermediation but also in social intermediation. Many of microfinance institutions (MFIs)[8] provide this social intermediation function (i.e., group arrangement, self-confidence development, training to enhance capabilities and to increase capacities in terms of financial literacy and managements) go along with financial intermediation. Moreover, she argued that microfinance is a development instrument and it is not just banking.   Asia-Pacific Economic Cooperation (Santoso et al. 2005: 7) defined microfinance into two understandings. Firstly, it refers to an institution when it designates to an organization which offer financial services or banking products, especially loans to the poor people. Secondly, it uses for different methods or activities which assigned to the poor people in order to access financial services. The poor people usually ask for loans, meanwhile commercial banks do not qualify them for loans. These understandings are close to each other. An institution which provides products for poor people called as microfinance institution. The usage of products (i.e., credits) which is provided by MFIs will be beneficial for poor people in generating more earnings.   Ledgerwood (Ledgerwood 1999: 65-66) stated that the approaches that can be done by microfinance institutions can be divided into two main categories: the minimalist approach or integrated approach. When MFIs do minimalist approach, they only perform functions of financial intermediation, although sometimes they offer social intermediation in limited services. Premise that underlie this approach is a-single missing piece that can be offered by MFIs to the clients in the form of access to credit for them due to the clients are getting less coverage of services from financial institutions, for instance to grow enterprises. On the other hand, integrated approach is a combination of four aspects those are social and financial intermediation, enterprise development and social services. Thus, it is needed a holistic view of the client when a MFI taking this approach. If MFIs are not able to meet all four services, MFIs only offer services that are really needed by the client as long as this service in line with goal and objective of MFIs. Since the large-scale demand for services microfinance activities is in existence, the activities are shown in many countries. The poor people are usually un-bankable, because of such conditions: low skills, poor capacity and severe inabilities. They might not be served in the commercial banking system. It is because the system needs for formal requirements, along with the proper economic scale and certain guarantee. In official terms, this kind of market is un-named and un-served. There are niche markets for the supply of services for MFIs (Santoso et al. 2005: 8). Clients of microfinance institution can not be classified as the poorest of the poor. Generally, they are self-employed and low-income entrepreneur, including; traders, food vendors at the street side, small farmers, small producers and artisan who produce souvenirs in at tourism area and so on. The nature of their business usually provides a stable source of income (Ledgerwood 1999: 2). In various forms, income is provided by micro enterprises owned by the poor. This is done by providing employment. The recycling and repairing better than littering a good, making cheap food, clothing, and transportation to be available are some examples. It is also made to them who are from the low level of formal sector that are usually very difficult to live with their salaries. The people of this kind of life are often can cope with such a problem with the typical cases mentioned above, but can not handle the more serious problem. The other types of problem that are often found are deficiency of capital, skill, official status, and business security. In the meantime, naturally they already have the ability to face sharp business sense, strong life skills, long hard work practice, market knowledge, extensive communication and informal support networks. They also used to have the ability to live supported by their flexibility basic consideration (Robinson 2001: 12). A recent study in Bosnia and Herzegovina carried out by Hartarska and Nadolnyak (Hartarska and Nadolnyak 2008) used the financing constraint approach. The approach states that microenterprises that have good access to credit will be less rely on internal funding in their investment. Using the Living Standards Measurement Survey and the existence of the MFIs in their area, they compare sensitivity of investment to internal funds in the microenterprises which there are MFIs in municipalities they located to microenterprises which there is no MFIs in municipalities they located. They concluded that the MFIs reduce the constraint of microenterprises funding when they are exist close to business. There are some models of microfinance institutions. The first model is Grameen Bank. This model is founded in many countries, especially in Bangladesh, from which it established for the first time by Muhammad Junus. In determining target poor clients, Grameen Bank will do it carefully which is usually done through a series of tests. Loans are given to the group in which each group typically consists of five people and each member of the group guarantee the loan of the other members. This model intensively requires supervision and motivation from the staff to the group borrowers. The second model is Village Bank. An implementing agency establish individual village bank together with 30-50 people and sets capital for on-lending to other members. Repayments of the loan are usually in a week until 16 weeks whereas the village bank pays the principal plus interest to implementing agency. The third model is Credit Unions (CUs). Credit Unions are non-profit financial cooperatives which owned and controlled by its members. Besides saving, CU also provides loans for both productive and non-productive purposes to the members. The membership of CUs compared to Grameen Bank is more heterogeneous and usually based on similar bond. The fourth model is ‘self-help’ groups (SHGs). This model is close to the second model, village bank, although their structure is less well compared to the village bank.  The membership of SHGs is based on the similarity in income and the number of membership approximately 20 people. In principle, they use internal funding, that is saving, to lend it to the members, even though they can also seek external funding as additional source of funds. Several NGOs are facilitating and promoting SHGs, but basically, SHGs are directed as an independent institution. The task of seeking additional financing from outside is usually helped by NGOs which link between SHGs and other external parties or other funding agencies. This NGO’s job close related to social intermediary function they have, while other NGOs are functioned as financial intermediaries which funding SHGs  (Conroy 2003: 4-5). In terms of forms, microfinance institutions can be classified as bank (government and commercial), nonbank financial institution, saving and loan cooperative, credit union and nongovernmental organization. Pawnbrokers, rotating saving and credit association, and moneylender also part of MFIs and hold significant roles in functioning financial intermediation although they are more informal in legal status (Ledgerwood 1999: 1). In Indonesia, several institutions have already served microfinance services for such a long period. Those institutions can be divided into four types. The first type is formal microfinance institutions (MFIs). This type of MFI is regulated and supervised as banking institution and therefore their activities as financial intermediaries subject to banking regulation and supervision. Such institutions included in this type are BRI Unit (state-owned microbank), commercial banks with microfinance services and Rural Bank (Bank Perkreditan Rakyat/BPR). The second type is semi formal MFIs which registered and or licensed by state authorities or local governments, therefore they are not regulated by banking authority (Bank Indonesia). Including in this type are cooperatives, Islamic-based cooperatives (Baitul Maal wat Tamwil/BMT), rural credit institution (Badan Kredit Desa/BKD) and microfinance owned and managed by NGOs. The third type is informal MFIs that operate outside the framework of government regulation, among others, are credit union, rotating credit and saving association (ROSCA), moneylenders, landlords and so on. The fourth type is microcredit programs established by the government in channeling credit to subsidize the poor through a variety of institutions (Nugroho 2008: 181-182). Further explanation about these four microfinance services especially the first three types of MFIs will be presented in chapter 3.   In Figure 1 we can see the pyramid of microfinance institutions with their potential customers in Indonesia. The top layer shows formal MFIs (BRI Unit, Rural Banks/ BPRs and LDKPs). They provide financial services for the top level of microfinance market. This type of MFIs is intended to serve small business which has characterized with stable income flows; therefore these MFIs’ potential clients are non-poor and not so poor people. In the middle layer, semi- formal MFIs serve microfinance services for the poor households. This layer includes rural credit institutions (Bank Kredit Desa/BKD), cooperatives, BMT and NGOs. Clients in this layer are characterized by unstable flow of income. At the bottom layer of the pyramid the huge number of potential clients which need microfinance services. They are very poor people which are characterized by unpredictable income. They need the microfinance services in order to ensure their uncertain income, so they need a small loan to overcom e the difficulties of life (Nugroho 2008: 184-185). Figure 1: The Pyramid of Microfinance Services in Indonesia Source: BI and GTZ (2000) cited in Nugroho (2008) As mentioned above, Rural Bank (Bank Perkreditan Rakyat/BPR) is one of the formal types of microfinance in Indonesia. Its existence is established by Banking Act number 7 of 1992 as amended by Banking Act number 10 of 1998. The main goal of the rural bank is to serve small business and rural communities. In order to deliver their services to the customers, a microfinance institution requires a good performance. This performance can be seen from some indicators. Looking at these indicators, we can decide how well they not only can do financially but also it can also build the future performance goals. There are a large number of performance indicators that can be used by MFIs in measuring the financial performance. One of the principles that can be used is the CAMEL system, ACCION. This system examines five traditional aspects which are regarded as the most important thing in the practices of the financial intermediaries. The five aspects (capital adequacy, asset quality, management, earnings, and liquidity) be the sign of the financial condition and operational strength of the MFI in common (Ledgerwood 1999: 205,227,229). 2.2  Analytical Framework Based on the theoretical framework that has been presented in the previous section, the author uses Figure 2 below describing the analytical framework used in the research which answering the research questions asked. There are two parties involved in the financial market.  On one hand, there is a supply side which is financial institutions that act as financial intermediation agents or it might be function as other than financial intermediation like social intermediation or something else. These financial institutions include commercial banks, non-banks financial institutions (insurances company, ventura capital, etc), and microfinance institutions (in different types and forms). On the other hand, on the demand side, there are some parties that require financing for different purposes, among others for working capital and investment usage which is belongs to micro, small and medium enterprises (MSMEs). The problem is that not all of these financial institutions allow MSMEs as their client due to several requirements which can not be fulfilled by MSMEs (collateral and bureaucratic procedures, for instances) or it might be comes from the MSMEs itself that no need too much funds (small financing). Here, microfinance institutions fit with the need of MSMEs. The mechanism then runs as common supply and demand in the market: MFIs, as financial intermediaries, offer credit or loan to MSMEs. Furthermore, MSMEs use the loan for running their operational activities (working capital usage) or for accumulating their physical capital (investment usage). At the end of the story, output of MSMEs will contribute to national income (GDP) and at the same time generates income for the owners and employees. Figure 2: Analytical Framework of the Research: Supply and Demand in Financial Market Source: author’s graph This paper focuses on the supply side of particular financial intermediaries in the financial market those are microfinance institutions. In other words, using Ledgerwood’s terminology mentioned in literature review, the paper mainly looks at the role of MFIs in terms of â€Å"minimalist approach†; how they perform as financial intermediations in delivering credit or loan. Special attention given to Rural Banks, one of formal MFIs in Indonesia in allocating their credit to different types of enterprises such as micro, small, medium and large enterprises. There are several reasons why this paper discusses on Rural Banks as unit of analysis. Firstly, it is states in the regulation (Banking Act) that the main objective of Rural Banks is to serve small scale business and looking into the pyramid of MFIs appeared in Figure 1. It means that Rural Banks have a specialization as small scale business’ banking, especially micro enterprises. This paper wants to see to which extent this mission is successfully executed. Secondly, Rural Banks are the second largest microfinance institutions in terms of asset, third party funds collected and number of debtors. According to Bank Indonesia (2008)[9], they posses 35% of total MFIs’ assets; 30.43% of third party funds collected on total MFIs and 29.15% of total number debtors on total MFIs.   This study proposes two research questions. The first research question relates to the role of rural banks as financial intermediaries in delivering credit to different types of business especially micro and small enterprises. In addressing the first research question, the paper uses comparative analysis and simple calculations in terms of credit disbursement for both commercial banks and rural banks so that the share (percentage) of credit allocation to different types of enterprises to be known. In order to obtain the result, some criteria and assumption are applied in the study. This is done due to there is no data available about the definite amount of credit disbursed by either Rural Banks or commercial banks to different type of enterprises. The discussion focuses only on the amount of credit allocation, so that other variables that determine the credit such as interest rate, collateral, and so forth are not discussed in this study.   The second research question indicates the performance indicators of rural banks in relation to credit provision to micro enterprises. These indicators include; Loan to Deposit Ratio (LDR), Returns on Assets Ratio (ROA) and Non-Performing Loan Ratio (NPL) which refer to Director of Bank Indonesia Decree number 30/12/Kep/Dir and Bank Indonesia’s Letter No. 30/3/UPPB about Rural Banks Soundness Evaluation. Furthermore, comparison will be made between these indicators and criteria. Chapter 3 Microfinance Institutions in Indonesia 3.1  Microfinance Institutions in Indonesia As developing country, Indonesia has long experience and history in developing microfinance institution which has made it possible for poor or low-income people to overcome financial constraints and to access financial institutions. For this condition, some researchers like Berenbach and Churchill called that Indonesia is â€Å"the most developed market for microfinance services in the world† (Barenbach and Churchill 1997 as cited in (Santoso et al. 2005: 43)). The development of microfinance institution began for the first time in Dutch colonial era when several well-educated local people saw deteriorating economy happened in their community and they looked for the need of this services and started organize it. The two famous institutions best known as pioneer in microfinance institutions and exist since colonial era are cooperative and Bank Rakyat Indonesia (BRI). As mentioned in chapter 2, microfinance institutions in Indonesia can be classified into four types (Nugroho 2008), those are; formal microfinance institutions, semiformal MFIs, informal MFIs and microcredit program which is established by the government for delivering credit to poor people through several institutions. In this chapter the latter type of MFI will not be discussed. The discussion is emphasizes on three other institutions. Formal MFIs are financial intermediary institutions which refer and subject to banking regulation and therefore supervised by Bank Indonesia. Semiformal MFIs are not regulated by Bank Indonesia as a banking authority, but they are licensed and or registered by other state authorities or local government. Informal MFIs operate outside government regulations. Nugroho (Nugroho 2008) described institutions which include in each type of MFI as follows: formal MFIs including BRI Unit, Rural Bank (BPR) and The Rural Credit Fund Institutions (Lembaga Dana Kredit Pedesaan/LDKP); semiformal MFIs covering rural credit institution (Badan Kredit Desa/ BKD), microfinance NGO, credit cooperatives including Islamic-based cooperatives (Baitul Maal wat Tamwil/BMT); informal MFIs including credit unions, rotating credit and saving association (ROSCA), moneylenders, traders and landlords. Table 3.1 provides map of microfinance institutions by types in Indonesia in terms of units and their financial services. Bank Rakyat Indonesia Unit Lembaga Dana Kredit Perdesaan (LDKP) – The Rural Credit Fund Institutions The Rural Credit Fund Institutions (LDKP) is the term of credit fund institution that operates in rural area, including a variety of non bank microfinance institutions with different names, ownership, organization, services and outreach, that was established on initiatives of provincial government. LDKP belongs to provincial, district or village government which, in their operation, have to obtain license from and was regulated by provincial government within the national regulatory framework. they get technical support and supervision from regional development bank (BPD) which are owned by provincial government.. since it was established in 1970s, the number of LDKP getting less from 1978 to 630 in 2000, this decrease due to the conversion of LDKP to peoples cerdit banks(BPR) and recently only about one quarter of LDKP  have become banks. The Badan  Kredit Desa (BKD) BKD is a profitable and sustainable village level financial institution that provide financial services with a outreach to low income people. it was operated by a committee that controlled by head of village and have sustained the operation since colonial era. On behalf of Bank Indonesia, BRI branch offices supervise and provide technical assistance  for BKD. in 1970s indonesian government did not pay much attention to this system. instead, the government  give more attention to the cooperative system. this make hard for BKD system to developed. in 1990s BRI tried to revive BKD by providing basic capital, improving administrative system and introducing new saving instruments, however, 1992 banking act burden the expanding BKD system. BKD is recognized as peoples credit bank (BPR) and has been operating as a licensed and regulated bank  since 1992 banking act but the frame work setting, supervision and technical assistance has not changed since 2000. Cooperatives Here, the brief history of cooperative in Indonesia refers to Santoso et al (2005) and Ministry of Cooperative, Small and Medium Enterprises’ website (www.depkop.go.id, 2009) as references. The thought of cooperative was delivered for the first time by Patih R. Aria Wiriatmaja at Purwokerto, a small town in Central Java, in 1896. Then, De Wolffvan Westerrode continued his efforts. In 1908, the year of national movement, Dr. Sutomo founded Budi Utomo which played a significant role for cooperatives improving the life of society. Then, Verordening op de Cooperatieve Vereeniging was established. Twelve years after that, in 1927, another type of cooperative called Regelling Inlandsche Cooperatieve was launched. In the same year, to develop bargaining power among local entrepreneurs, Islamic Trader Union (Serikat Dagang Islam) was established. Indonesian National Party (Partai Nasional Indonesia) which had activities in promoting cooperative spirit was established in 1929. 3.2  Bank Perkreditan Rakyat (BPR) Brief History Steinwand (Steinwand 2001) provided detail periodical history about Rural Bank. He divided the history into four parts of periods; the evolution of the colonial BPR (1895-1945), the period from independence to financial sector reform (1945-1983), the period from financial sector reform to financial crisis (1983-1999) and at the present condition. Rural Bank Position in Financial System in Indonesia Chapter 4   Analysis of the Role of Bank Perkreditan Rakyat (BPR) in Financing Micro, Small and Medium Enterprises 4.1  Overview Chapter 4 consists of 6 sections which each section aimed to answer the research questions. Section 1 is a general information about what will be discussed in this chapter; section 2 discusses about the source of the data used in the analysis; section 3 is the methodology; section 4 is about overview the condition of Bank Perkreditan Rakyat (BPRs) and commercial banks (CBs) in Indonesia using selected indicators, third party funds and credits; section 5 tries to reply the first research question by using comparative analysis between commercial banks and BPRs; and section 6 is the last section which answering the second research question about the performance indicators of BPR Microfinance Institution in Indonesia BPR Microfinance Institution in Indonesia Chapter 1   Introduction 1.1  Background It is believed that microfinance helps low-income people alleviate their life from poverty circumstances in many developing countries. As an economic instrument which has been raised in the middle of seventies, the thought of microfinance came up from the fact that low-income people difficult to access financial services from commercial or formal banking institution which may disadvantage them or even not including them as potential clients. The reason is that, which often we may hear for several times, low-income people lack of collateral for guarantee some amount of money they want, and in the commercial financial institutions point of view it is costly to serve them due to unequal cost-benefit and high transaction cost: low-income people tend to borrow in small amount but the commercial financial institution maintain high cost for processing and assuring their repayment. These costs are not proportional with the amount of loan given to them. A formal microfinance institution existing in Indonesia is the Bank Perkreditan Rakyat/BPR (People’s Credit Bank or Rural Bank)[1] which is established by the Banking Act. The main objective of the BPR is to serve small businesses[2]. It means that BPRs can enhance their role and contribution in the development of micro and small business[3]. In Indonesia, like other developing countries, micro, small and medium enterprises (MSMEs)[4] play significant role in economy. The role of MSMEs can be viewed as an important factor for Indonesia to recover from economic crisis and to lead economic growth and employment. Statistics Indonesia (Badan Pusat Statistik/BPS) and Ministry of Cooperatives and Small-Medium Enterprises reported[5] that, the average contribution of SMEs’ share to total GDP Indonesia from the period of 2001 2007 was 60.77%, while at the same period large enterprises (LEs) contributed 39.23% which can be seen in Table 1. Source:  Statistics Indonesia (BPS) and Ministry of Cooperatives and Small-Medium Enterprises (various editions) In terms of employment creation, MSM enterprises have passed over large enterprises. Table 3 provides worker absorption by types of enterprises. It shows that small enterprises have absorbed approximately 91% of employment during 1999-2006, while medium and large enterprises have provided by 5% and by 4% of employment in Indonesia. Source  : Cooperative Statistics cited in Nazara and Gitaharie (2008), edited by author Based on the data which are discussed in the previous paragraphs, it can be concluded that micro, small and medium enterprises (MSMEs) have a big role and a potential as a driver of the domestic economy. Nevertheless, they still have several constraints, for instance, product market accessibility, lack of management skills, and limited access to financial sources, especially from commercial banks, to meet their demand for finance. A survey conducted by Statistics Indonesia (BPS) concluded that the biggest problem for micro and small enterprises is lack of capital for financing their business.  The survey recognized that  problem in finance for micro enterprises was accounted for 40.48%, while for small enterprises was 36.63% (Wardoyo and Prabowo 2003: 31). In Indonesia, small and medium enterprises can acquire their finance from several sources. According to Nazara and Gitaharie (2008) which refer to statistical data from BPS 2000; 82,960 SMEs got their finance from non banking financial institution; 385,383 SMEs got their finance from banks; and 661,630 SMEs got their finance from other sources. It is clearly from the data that most of SMEs rely on sources other than formal institutions. These figures were not taking into account for SMEs which have no legal entities (Nazara and Gitaharie 2008: 8). From SMEs point of view, they face kinky administrative procedure and also they have to provide collateral as guarantee to get loans from commercial banks. This condition leads SMEs favoring in Bank Perkreditan Rakyat/BPR (People’s Credit Bank or Rural Bank) and other financial institutions which provide simpler in administrative procedures, but higher in interest rates compared to commercial banks (Nazara and Gitaharie 2008: 8). Even though entrepreneurs are burdened with high interest rates, they do not much complain about it as long as they have access to formal credit (Berry et al. 2001 as cited in (Sunarto 2007: 2)). In line with the condition in which SMEs favoring in BPRs, Sunarto (Sunarto 2007: 4) stated that BPRs have several advantages in serving to SMEs, those are: (1) its location which is close to SMEs, (2) simpler in credit procedures, (3) accentuate a personal approach in its services and (4) more flexible.   This paper is focused on the role and contribution of BPR, one of the formal types of microfinance institutions in Indonesia, as the suppliers of funds to different types of enterprises especially to micro and small. The discussion emphasizes on credit allocation delivered by BPRs to the micro, small and medium enterprises. Comparative analysis will be made between commercial banks[6] and BPRs for analytical purposes in two things. Firstly, the comparison in terms of allocation of credit which does not consider other variables playing a role in borrowing, for instance interest rates and so on. The comparative result is not in the amount of the credit disbursed but in the percentage of allocation for each type of enterprise. Secondly, the comparison in terms of performance will be discussed through some indicators. Furthermore, the performance indicators of BPRs will be compared with their criteria which set by Bank Indonesia to see whether those indicators improving or deteriorating. 1.2  Research Objective and Research Questions Research Objective The objective of this paper is to study the role and performance of Bank Perkreditan Rakyat (BPR), as one of microfinance institutions in Indonesia, in financing micro, small and medium enterprises. Research Questions In order to achieve the research objective, this paper proposes research questions as follows: 1.  What is the role of BPRs as supplier of funds to different types of small and medium enterprises, in particular micro enterprises? 2.  What is the performance of BPRs in relation to credit provision to micro and small enterprises? 1.3  Research Hypothesis Bank Perkreditan Rakyat (BPR) was established with the main objective is to serve small-scale business and people in rural areas. Therefore, the first hypothesis is that BPRs are reaching their main objective as supplier of funds to micro, small and medium enterprises as mandated by regulation (i.e., banking act). In order to meet the objectives, it is needed good performances which are reflected from their performance indicators. Therefore, the second hypothesis is that performance indicators of the BPRs have met with the standards which set by the Indonesia banking authority. 1.4  Organization of the Paper This paper is divided into five chapters. Chapter 1 is introduction which contains background of the research, research objective and research questions, research hypothesis, and organization of the paper. Chapter 2 is review of the literatures and analytical framework for the research. Literature reviews discuss about definitions of microfinance and microfinance institution, the approaches can be taken by a microfinance institution in order to serve the clients, the models of microfinance institutions, the types of microfinance institutions in Indonesia and the pyramid of them in relation to potential customers and performance indicators. Analytical framework discusses about the way in which the research will be achieved. Chapter 3 is the microfinance institutions in Indonesia which contains their brief history and recent condition. Chapter 4 is analysis of the role of BPRs in financing micro, small and medium enterprises which contains overview of the chapter, data source for the analysis, methodology of the analysis, some information about commercial banks and BPRs, and analyzing to answer the research questions. Chapter 5 is conclusion.   Chapter 2   Literature Review and Analytical Framework 2.1  Literature Review There are many definitions about microfinance proposed by several researchers and institutions. This paper uses some definitions given by Robinson, Ledgerwood, Consultative Group to Assist the Poor (CGAP), and Asia-Pacific Economic Cooperation (APEC) to describe microfinance. Robinson (Robinson 2001: 9) defined microfinance as small size financial services (mainly saving and credit) given to people who having farm or fish or herd; people who running micro or small enterprises which producing, recycling, repairing or selling goods; people who offering services; people who working for commissions or wages; people who having earnings from renting the land, vehicles, draft animals, or machinery and equipment; and people or other individuals and groups from both rural and urban areas at the local level from the developing countries. Consultative Group to Assist the Poor (CGAP)[7] which uses terminology â€Å"poor people† and Ledgerwood which uses terminology â€Å"low-income clients† pointed out to person who receives basic financial services from microfinance including self-employed people. Furthermore, Ledgerwood (Ledgerwood 1999: 1) stated that definition of microfinance comprises not only in financial intermediation but also in social intermediation. Many of microfinance institutions (MFIs)[8] provide this social intermediation function (i.e., group arrangement, self-confidence development, training to enhance capabilities and to increase capacities in terms of financial literacy and managements) go along with financial intermediation. Moreover, she argued that microfinance is a development instrument and it is not just banking.   Asia-Pacific Economic Cooperation (Santoso et al. 2005: 7) defined microfinance into two understandings. Firstly, it refers to an institution when it designates to an organization which offer financial services or banking products, especially loans to the poor people. Secondly, it uses for different methods or activities which assigned to the poor people in order to access financial services. The poor people usually ask for loans, meanwhile commercial banks do not qualify them for loans. These understandings are close to each other. An institution which provides products for poor people called as microfinance institution. The usage of products (i.e., credits) which is provided by MFIs will be beneficial for poor people in generating more earnings.   Ledgerwood (Ledgerwood 1999: 65-66) stated that the approaches that can be done by microfinance institutions can be divided into two main categories: the minimalist approach or integrated approach. When MFIs do minimalist approach, they only perform functions of financial intermediation, although sometimes they offer social intermediation in limited services. Premise that underlie this approach is a-single missing piece that can be offered by MFIs to the clients in the form of access to credit for them due to the clients are getting less coverage of services from financial institutions, for instance to grow enterprises. On the other hand, integrated approach is a combination of four aspects those are social and financial intermediation, enterprise development and social services. Thus, it is needed a holistic view of the client when a MFI taking this approach. If MFIs are not able to meet all four services, MFIs only offer services that are really needed by the client as long as this service in line with goal and objective of MFIs. Since the large-scale demand for services microfinance activities is in existence, the activities are shown in many countries. The poor people are usually un-bankable, because of such conditions: low skills, poor capacity and severe inabilities. They might not be served in the commercial banking system. It is because the system needs for formal requirements, along with the proper economic scale and certain guarantee. In official terms, this kind of market is un-named and un-served. There are niche markets for the supply of services for MFIs (Santoso et al. 2005: 8). Clients of microfinance institution can not be classified as the poorest of the poor. Generally, they are self-employed and low-income entrepreneur, including; traders, food vendors at the street side, small farmers, small producers and artisan who produce souvenirs in at tourism area and so on. The nature of their business usually provides a stable source of income (Ledgerwood 1999: 2). In various forms, income is provided by micro enterprises owned by the poor. This is done by providing employment. The recycling and repairing better than littering a good, making cheap food, clothing, and transportation to be available are some examples. It is also made to them who are from the low level of formal sector that are usually very difficult to live with their salaries. The people of this kind of life are often can cope with such a problem with the typical cases mentioned above, but can not handle the more serious problem. The other types of problem that are often found are deficiency of capital, skill, official status, and business security. In the meantime, naturally they already have the ability to face sharp business sense, strong life skills, long hard work practice, market knowledge, extensive communication and informal support networks. They also used to have the ability to live supported by their flexibility basic consideration (Robinson 2001: 12). A recent study in Bosnia and Herzegovina carried out by Hartarska and Nadolnyak (Hartarska and Nadolnyak 2008) used the financing constraint approach. The approach states that microenterprises that have good access to credit will be less rely on internal funding in their investment. Using the Living Standards Measurement Survey and the existence of the MFIs in their area, they compare sensitivity of investment to internal funds in the microenterprises which there are MFIs in municipalities they located to microenterprises which there is no MFIs in municipalities they located. They concluded that the MFIs reduce the constraint of microenterprises funding when they are exist close to business. There are some models of microfinance institutions. The first model is Grameen Bank. This model is founded in many countries, especially in Bangladesh, from which it established for the first time by Muhammad Junus. In determining target poor clients, Grameen Bank will do it carefully which is usually done through a series of tests. Loans are given to the group in which each group typically consists of five people and each member of the group guarantee the loan of the other members. This model intensively requires supervision and motivation from the staff to the group borrowers. The second model is Village Bank. An implementing agency establish individual village bank together with 30-50 people and sets capital for on-lending to other members. Repayments of the loan are usually in a week until 16 weeks whereas the village bank pays the principal plus interest to implementing agency. The third model is Credit Unions (CUs). Credit Unions are non-profit financial cooperatives which owned and controlled by its members. Besides saving, CU also provides loans for both productive and non-productive purposes to the members. The membership of CUs compared to Grameen Bank is more heterogeneous and usually based on similar bond. The fourth model is ‘self-help’ groups (SHGs). This model is close to the second model, village bank, although their structure is less well compared to the village bank.  The membership of SHGs is based on the similarity in income and the number of membership approximately 20 people. In principle, they use internal funding, that is saving, to lend it to the members, even though they can also seek external funding as additional source of funds. Several NGOs are facilitating and promoting SHGs, but basically, SHGs are directed as an independent institution. The task of seeking additional financing from outside is usually helped by NGOs which link between SHGs and other external parties or other funding agencies. This NGO’s job close related to social intermediary function they have, while other NGOs are functioned as financial intermediaries which funding SHGs  (Conroy 2003: 4-5). In terms of forms, microfinance institutions can be classified as bank (government and commercial), nonbank financial institution, saving and loan cooperative, credit union and nongovernmental organization. Pawnbrokers, rotating saving and credit association, and moneylender also part of MFIs and hold significant roles in functioning financial intermediation although they are more informal in legal status (Ledgerwood 1999: 1). In Indonesia, several institutions have already served microfinance services for such a long period. Those institutions can be divided into four types. The first type is formal microfinance institutions (MFIs). This type of MFI is regulated and supervised as banking institution and therefore their activities as financial intermediaries subject to banking regulation and supervision. Such institutions included in this type are BRI Unit (state-owned microbank), commercial banks with microfinance services and Rural Bank (Bank Perkreditan Rakyat/BPR). The second type is semi formal MFIs which registered and or licensed by state authorities or local governments, therefore they are not regulated by banking authority (Bank Indonesia). Including in this type are cooperatives, Islamic-based cooperatives (Baitul Maal wat Tamwil/BMT), rural credit institution (Badan Kredit Desa/BKD) and microfinance owned and managed by NGOs. The third type is informal MFIs that operate outside the framework of government regulation, among others, are credit union, rotating credit and saving association (ROSCA), moneylenders, landlords and so on. The fourth type is microcredit programs established by the government in channeling credit to subsidize the poor through a variety of institutions (Nugroho 2008: 181-182). Further explanation about these four microfinance services especially the first three types of MFIs will be presented in chapter 3.   In Figure 1 we can see the pyramid of microfinance institutions with their potential customers in Indonesia. The top layer shows formal MFIs (BRI Unit, Rural Banks/ BPRs and LDKPs). They provide financial services for the top level of microfinance market. This type of MFIs is intended to serve small business which has characterized with stable income flows; therefore these MFIs’ potential clients are non-poor and not so poor people. In the middle layer, semi- formal MFIs serve microfinance services for the poor households. This layer includes rural credit institutions (Bank Kredit Desa/BKD), cooperatives, BMT and NGOs. Clients in this layer are characterized by unstable flow of income. At the bottom layer of the pyramid the huge number of potential clients which need microfinance services. They are very poor people which are characterized by unpredictable income. They need the microfinance services in order to ensure their uncertain income, so they need a small loan to overcom e the difficulties of life (Nugroho 2008: 184-185). Figure 1: The Pyramid of Microfinance Services in Indonesia Source: BI and GTZ (2000) cited in Nugroho (2008) As mentioned above, Rural Bank (Bank Perkreditan Rakyat/BPR) is one of the formal types of microfinance in Indonesia. Its existence is established by Banking Act number 7 of 1992 as amended by Banking Act number 10 of 1998. The main goal of the rural bank is to serve small business and rural communities. In order to deliver their services to the customers, a microfinance institution requires a good performance. This performance can be seen from some indicators. Looking at these indicators, we can decide how well they not only can do financially but also it can also build the future performance goals. There are a large number of performance indicators that can be used by MFIs in measuring the financial performance. One of the principles that can be used is the CAMEL system, ACCION. This system examines five traditional aspects which are regarded as the most important thing in the practices of the financial intermediaries. The five aspects (capital adequacy, asset quality, management, earnings, and liquidity) be the sign of the financial condition and operational strength of the MFI in common (Ledgerwood 1999: 205,227,229). 2.2  Analytical Framework Based on the theoretical framework that has been presented in the previous section, the author uses Figure 2 below describing the analytical framework used in the research which answering the research questions asked. There are two parties involved in the financial market.  On one hand, there is a supply side which is financial institutions that act as financial intermediation agents or it might be function as other than financial intermediation like social intermediation or something else. These financial institutions include commercial banks, non-banks financial institutions (insurances company, ventura capital, etc), and microfinance institutions (in different types and forms). On the other hand, on the demand side, there are some parties that require financing for different purposes, among others for working capital and investment usage which is belongs to micro, small and medium enterprises (MSMEs). The problem is that not all of these financial institutions allow MSMEs as their client due to several requirements which can not be fulfilled by MSMEs (collateral and bureaucratic procedures, for instances) or it might be comes from the MSMEs itself that no need too much funds (small financing). Here, microfinance institutions fit with the need of MSMEs. The mechanism then runs as common supply and demand in the market: MFIs, as financial intermediaries, offer credit or loan to MSMEs. Furthermore, MSMEs use the loan for running their operational activities (working capital usage) or for accumulating their physical capital (investment usage). At the end of the story, output of MSMEs will contribute to national income (GDP) and at the same time generates income for the owners and employees. Figure 2: Analytical Framework of the Research: Supply and Demand in Financial Market Source: author’s graph This paper focuses on the supply side of particular financial intermediaries in the financial market those are microfinance institutions. In other words, using Ledgerwood’s terminology mentioned in literature review, the paper mainly looks at the role of MFIs in terms of â€Å"minimalist approach†; how they perform as financial intermediations in delivering credit or loan. Special attention given to Rural Banks, one of formal MFIs in Indonesia in allocating their credit to different types of enterprises such as micro, small, medium and large enterprises. There are several reasons why this paper discusses on Rural Banks as unit of analysis. Firstly, it is states in the regulation (Banking Act) that the main objective of Rural Banks is to serve small scale business and looking into the pyramid of MFIs appeared in Figure 1. It means that Rural Banks have a specialization as small scale business’ banking, especially micro enterprises. This paper wants to see to which extent this mission is successfully executed. Secondly, Rural Banks are the second largest microfinance institutions in terms of asset, third party funds collected and number of debtors. According to Bank Indonesia (2008)[9], they posses 35% of total MFIs’ assets; 30.43% of third party funds collected on total MFIs and 29.15% of total number debtors on total MFIs.   This study proposes two research questions. The first research question relates to the role of rural banks as financial intermediaries in delivering credit to different types of business especially micro and small enterprises. In addressing the first research question, the paper uses comparative analysis and simple calculations in terms of credit disbursement for both commercial banks and rural banks so that the share (percentage) of credit allocation to different types of enterprises to be known. In order to obtain the result, some criteria and assumption are applied in the study. This is done due to there is no data available about the definite amount of credit disbursed by either Rural Banks or commercial banks to different type of enterprises. The discussion focuses only on the amount of credit allocation, so that other variables that determine the credit such as interest rate, collateral, and so forth are not discussed in this study.   The second research question indicates the performance indicators of rural banks in relation to credit provision to micro enterprises. These indicators include; Loan to Deposit Ratio (LDR), Returns on Assets Ratio (ROA) and Non-Performing Loan Ratio (NPL) which refer to Director of Bank Indonesia Decree number 30/12/Kep/Dir and Bank Indonesia’s Letter No. 30/3/UPPB about Rural Banks Soundness Evaluation. Furthermore, comparison will be made between these indicators and criteria. Chapter 3 Microfinance Institutions in Indonesia 3.1  Microfinance Institutions in Indonesia As developing country, Indonesia has long experience and history in developing microfinance institution which has made it possible for poor or low-income people to overcome financial constraints and to access financial institutions. For this condition, some researchers like Berenbach and Churchill called that Indonesia is â€Å"the most developed market for microfinance services in the world† (Barenbach and Churchill 1997 as cited in (Santoso et al. 2005: 43)). The development of microfinance institution began for the first time in Dutch colonial era when several well-educated local people saw deteriorating economy happened in their community and they looked for the need of this services and started organize it. The two famous institutions best known as pioneer in microfinance institutions and exist since colonial era are cooperative and Bank Rakyat Indonesia (BRI). As mentioned in chapter 2, microfinance institutions in Indonesia can be classified into four types (Nugroho 2008), those are; formal microfinance institutions, semiformal MFIs, informal MFIs and microcredit program which is established by the government for delivering credit to poor people through several institutions. In this chapter the latter type of MFI will not be discussed. The discussion is emphasizes on three other institutions. Formal MFIs are financial intermediary institutions which refer and subject to banking regulation and therefore supervised by Bank Indonesia. Semiformal MFIs are not regulated by Bank Indonesia as a banking authority, but they are licensed and or registered by other state authorities or local government. Informal MFIs operate outside government regulations. Nugroho (Nugroho 2008) described institutions which include in each type of MFI as follows: formal MFIs including BRI Unit, Rural Bank (BPR) and The Rural Credit Fund Institutions (Lembaga Dana Kredit Pedesaan/LDKP); semiformal MFIs covering rural credit institution (Badan Kredit Desa/ BKD), microfinance NGO, credit cooperatives including Islamic-based cooperatives (Baitul Maal wat Tamwil/BMT); informal MFIs including credit unions, rotating credit and saving association (ROSCA), moneylenders, traders and landlords. Table 3.1 provides map of microfinance institutions by types in Indonesia in terms of units and their financial services. Bank Rakyat Indonesia Unit Lembaga Dana Kredit Perdesaan (LDKP) – The Rural Credit Fund Institutions The Rural Credit Fund Institutions (LDKP) is the term of credit fund institution that operates in rural area, including a variety of non bank microfinance institutions with different names, ownership, organization, services and outreach, that was established on initiatives of provincial government. LDKP belongs to provincial, district or village government which, in their operation, have to obtain license from and was regulated by provincial government within the national regulatory framework. they get technical support and supervision from regional development bank (BPD) which are owned by provincial government.. since it was established in 1970s, the number of LDKP getting less from 1978 to 630 in 2000, this decrease due to the conversion of LDKP to peoples cerdit banks(BPR) and recently only about one quarter of LDKP  have become banks. The Badan  Kredit Desa (BKD) BKD is a profitable and sustainable village level financial institution that provide financial services with a outreach to low income people. it was operated by a committee that controlled by head of village and have sustained the operation since colonial era. On behalf of Bank Indonesia, BRI branch offices supervise and provide technical assistance  for BKD. in 1970s indonesian government did not pay much attention to this system. instead, the government  give more attention to the cooperative system. this make hard for BKD system to developed. in 1990s BRI tried to revive BKD by providing basic capital, improving administrative system and introducing new saving instruments, however, 1992 banking act burden the expanding BKD system. BKD is recognized as peoples credit bank (BPR) and has been operating as a licensed and regulated bank  since 1992 banking act but the frame work setting, supervision and technical assistance has not changed since 2000. Cooperatives Here, the brief history of cooperative in Indonesia refers to Santoso et al (2005) and Ministry of Cooperative, Small and Medium Enterprises’ website (www.depkop.go.id, 2009) as references. The thought of cooperative was delivered for the first time by Patih R. Aria Wiriatmaja at Purwokerto, a small town in Central Java, in 1896. Then, De Wolffvan Westerrode continued his efforts. In 1908, the year of national movement, Dr. Sutomo founded Budi Utomo which played a significant role for cooperatives improving the life of society. Then, Verordening op de Cooperatieve Vereeniging was established. Twelve years after that, in 1927, another type of cooperative called Regelling Inlandsche Cooperatieve was launched. In the same year, to develop bargaining power among local entrepreneurs, Islamic Trader Union (Serikat Dagang Islam) was established. Indonesian National Party (Partai Nasional Indonesia) which had activities in promoting cooperative spirit was established in 1929. 3.2  Bank Perkreditan Rakyat (BPR) Brief History Steinwand (Steinwand 2001) provided detail periodical history about Rural Bank. He divided the history into four parts of periods; the evolution of the colonial BPR (1895-1945), the period from independence to financial sector reform (1945-1983), the period from financial sector reform to financial crisis (1983-1999) and at the present condition. Rural Bank Position in Financial System in Indonesia Chapter 4   Analysis of the Role of Bank Perkreditan Rakyat (BPR) in Financing Micro, Small and Medium Enterprises 4.1  Overview Chapter 4 consists of 6 sections which each section aimed to answer the research questions. Section 1 is a general information about what will be discussed in this chapter; section 2 discusses about the source of the data used in the analysis; section 3 is the methodology; section 4 is about overview the condition of Bank Perkreditan Rakyat (BPRs) and commercial banks (CBs) in Indonesia using selected indicators, third party funds and credits; section 5 tries to reply the first research question by using comparative analysis between commercial banks and BPRs; and section 6 is the last section which answering the second research question about the performance indicators of

Why He Is Not A Man :: essays research papers

Why He is Not a Man In the story â€Å"The Man Who Was Almost a Man† by Richard Wright, there is a boy named Dave. Dave is a young boy trying to figure out what a man really is. Right now, he believes that a man is someone who owns a gun. Dave needs proper education about guns and needs the knowledge about what a man really is to be a man. Dave needs to be taught what a man really is because he is not a young man just because he has a gun. Dave is a seventeen-year-old boy who wants a gun. He thinks he is almost a man. He thinks that having a gun will make him a man and give him power. Toughness is a common perception of masculinity. A man is not someone who owns a gun, but someone who has knowledge of behaving like a man and owning a gun like a man. He thinks that only a gun will make him a man instead of his actions dictating his matureness to others. He believes it will instill fear into others around him. When one is a man, others treat him with respect. Dave’s parents talk down to him and treat him like a child, when he is trying to develop into a young respectable man. Dave’s mother says, â€Å"Yuh ain nothing but a boy yit!† in the story, proving that they look down on this seventeen-year-old boy. His mother tells him in the story to go wash his hands before he eats. If Dave was a man, then his mother should never have had to say that. In our society today, when a boy is seventeen years old, he is almost a man or considered a young man. In Dave’s society, he is treated like a young boy. If Dave’s parents saw his point of view on having a gun then they might want to look at why he wants it. At this time, they should tell him that a gun does not make a man. His mother does not think he should have a gun. In actuality, if Dave were a man, then he would have not wanted a gun to obtain power over others, but for pleasure.   Ã‚  Ã‚  Ã‚  Ã‚  In Dave’s actions, he is like a young boy. A man who owns a gun knows how to shoot a gun and knows the right and wrong time to use a gun, unlike Dave. Why He Is Not A Man :: essays research papers Why He is Not a Man In the story â€Å"The Man Who Was Almost a Man† by Richard Wright, there is a boy named Dave. Dave is a young boy trying to figure out what a man really is. Right now, he believes that a man is someone who owns a gun. Dave needs proper education about guns and needs the knowledge about what a man really is to be a man. Dave needs to be taught what a man really is because he is not a young man just because he has a gun. Dave is a seventeen-year-old boy who wants a gun. He thinks he is almost a man. He thinks that having a gun will make him a man and give him power. Toughness is a common perception of masculinity. A man is not someone who owns a gun, but someone who has knowledge of behaving like a man and owning a gun like a man. He thinks that only a gun will make him a man instead of his actions dictating his matureness to others. He believes it will instill fear into others around him. When one is a man, others treat him with respect. Dave’s parents talk down to him and treat him like a child, when he is trying to develop into a young respectable man. Dave’s mother says, â€Å"Yuh ain nothing but a boy yit!† in the story, proving that they look down on this seventeen-year-old boy. His mother tells him in the story to go wash his hands before he eats. If Dave was a man, then his mother should never have had to say that. In our society today, when a boy is seventeen years old, he is almost a man or considered a young man. In Dave’s society, he is treated like a young boy. If Dave’s parents saw his point of view on having a gun then they might want to look at why he wants it. At this time, they should tell him that a gun does not make a man. His mother does not think he should have a gun. In actuality, if Dave were a man, then he would have not wanted a gun to obtain power over others, but for pleasure.   Ã‚  Ã‚  Ã‚  Ã‚  In Dave’s actions, he is like a young boy. A man who owns a gun knows how to shoot a gun and knows the right and wrong time to use a gun, unlike Dave.

How Groups Can Influence People in Negative and Positive Ways Essay

How groups can influence people in negative and in positive ways. By definition a group is a number of people who are regarded as a unit. They are united by a shared interest or belief, be that religion, sport, or politics. All groups have their own identity, we as people have multiple ones. From a social perspective, an individual is often defined by who they are and what they do; a parent, a child or a friend, and by what line of work or study they are in. Cultural identity is defined by ethnicity, and group identity comes from having a sense of belonging, having a ‘them and us mentality’. This essay will look at how different roles and identities can influence social behaviour when belonging to a group, both in a negative and a positive way. Tajfel and Turner (1979, cited in spoors et al. , 2011) developed the social identity theory, a theory that describes how belonging to a group forms a significant part in the individual group member’s self-concept. Having a ‘we’ rather than an ‘I’ concept. They suggest there are three key stages to joining a group. The first being social categorisation; this is for the individual to be given a label; Christian, gay, snob, Geordie, disabled are a few examples. The next stage is social identification; where the individual takes on the group’s characteristics and becomes defined by the group’s behaviour. The final stage is social comparison; members of a group view it from a positive point of view, often forming an elevated opinion of the group they belong to. People can take on defined roles when involved in group activity; influence on these roles can be from observing other members of the group’s behaviour, or a personal representation of the defining role. Zimbardo (1971, cited in spoors et al. , 2011) conducted an experiment to determine how roles within a group can influence people’s behaviour. During the experiment participants were given a ‘guard’ or a ‘prisoner’ role. The experiment ended prematurely as participants took their roles to extremes, ‘guards’ became increasingly aggressive, and ‘prisoners’ became withdrawn and emotionally distressed. This could be an example of how people’s expectations of a role they have no experience in can influence behaviour. They may have been influenced by other member’s actions, or by a stereotypical character portrayed by the media, leading them to have behaved negatively and ‘out of character’. Kondo (1990 cited in spoors et al. , 2011) is a Japanese/American student. In her personal account of living in Japan, she writes how she finds the roles and expectations of her by the Japanese family she is staying with became quite challenging and disturbing. She felt her own identity was slowly being replaced with the obligation to act appropriately to whichever role she was playing, be it guest, daughter, student or a Japanese woman. During a traditional tea ceremony Kondo received high praise from her Japanese teacher for her performance. She states she was ‘inordinately pleased’ by the praise but did feel she had to ‘escape’ before she changed completely, this shows both negative and positives to social conformity. Kondo feeling pressured into conforming to set standards and rules can also apply to some group behaviour. In 1997 the ‘heaven’s gate’ cult lost thirty nine members to mass suicide. They believed their souls would be transferred to a spaceship. These members may have become too dependent on the group, maybe so fearful of their leaders to not go ahead, or the sense of belonging and comfort they felt being part of the group; they had such conviction in their beliefs they carried the suicide through. This is group conformity to the extreme, and in this case had a negative outcome, but some form of conformity is necessary in society so it can be a benefit to the majority. Belonging to a group can lead to an in-group out-group culture. With groups being defined and identified by their roles, beliefs and behaviour, comparisons are often made between one group’s identity and others, be it sports teams, gangs, social groups, religion, or different cultures. Having an inflated opinion of the individuals group can encourage them to view any other group as inferior; this can lead to competition and conflict between groups. A good example of a ‘them and us’ situation is the robbers cave experiment conducted by Sherif (1961 cited in spoors et al. 2011) A group of boys staying at summer camp were split into two groups, and a tournament was set up. The good sportsmanship of the group quickly turned into aggression and prejudice. Although once given tasks where the two groups had to work together, they boys worked positively and cooperated with each other. In-group traits can occur even where there is no history of involvement between the grou ps involved. Taifel (1971 cited in spoors et al. , 2011) conducted an experiment where a ‘virtual’ group situation was set up. Participants were given a task believing they were part of a group, but were in fact working as an individual. In-group favouritism was still present. Loyalty and cooperation is a positive outcome for the in-group mentality, but it has its negative traits in the hostility and aggression it can provoke towards the out-group. Emotional values are given to the individual depending on the behaviour of the group; anti-social behaviour would define them in a negative way, just as being seen to belong to a ‘good’ ‘kind’ or ‘charitable’ group would have a positive emotional effect on the individual. To conclude, evidence shows there are many positives to belonging to a group. The individual gains a sense of identity, both within the group and in society. Self-esteem, self-worth and sense of belonging are increased. Close bonds are formed with others who share similar characteristics. Having an elevated sense of status within the group can lead to positi ve behaviour. Self-confidence is increased due to a feeling of safety. Support, praise and encouragement from other group members have a positive impact on behaviour. There are also many negative aspects to group behaviour, members may be influenced to behave ‘out of character’ from their usual identity through controlling methods within the group dynamic, in some cases separating the group entirely from accepted behaviour within society. Prejudice, violence and discrimination can also be a result of the ‘us and them’ situation. The ‘heavens’ gate example could be viewed as both positive and negative, depending on the perspective, the group members and society would have conflicting views.

The impact of race and gender on Antoinete’s identity

The blacks call her White cockroach' and the whites refer to her as White Niger. Antoinette is not white enough for the Europeans and not black enough for the natives. Antoinette is a descendant of English slave owners. This fact Increases the tensions between her family and the Islanders. Antoinette strives to find a true Identity, but unfortunately she falls. Her identity is fragmented because of her race and gender Madam Syrup argues that identity is shaped by simultaneous operations of social dynamics such as race, class, nation and gender.She affirms that identity is determined through two different ways: the outside and inside. The outside of our identity Is how others see us. The Inside of our Identity has to do with our vision of ourselves. 14) Identity Is not a flat description of our personality, but It takes Into consideration different perspectives of the self in order to construct a coherent Hall states that cultural identity should proceed from the past to image. Unders tand its present formation. He defines cultural identity as a state of being as well as of becoming.It is not fixed in history but rather it is a subject to transformation, fluid change and constant development under certain circumstances. Hall says that we should recognize the other side the differences and hybrid as a part of our cultural Identity because the common history can unify people across heir differences but cannot show exactly who they are. (395-397) Hybrid is an important issue in post-colonialism. It is used to interpret what it means to be a hybrid, belonging to no place.These hybrids live â€Å"border lives' on the margins of deferent nations, In-between contrary homelands† (McLeod, 217). In fact, living In-between multiple Identities leads to, an ambivalent state of mind where there is no stable place or home. Bah also describes hybrid as â€Å"the sign of the productivity of colonial power, its shifting forces and fixates; it is the name for the tragic rev ersal of the process of domination through disavowal Hybrid is the revaluation of the assumption of colonial identity through the repetition of discriminatory identity effects† (Bah 112).Bah clarifies that hybrid identity Is produced by the colonial power and cannot exist without a common history of a migrant who is dispossessed, schizophrenic, exiled, often profoundly unhappy and exploited under capitalism. † (384). In Wide Cargos Sea, Antoinette suffers from hybrid. She struggles to find a clear direction to follow. Antoinette is neither black nor white, but somewhere in-between Europe and the Caribbean. This creates her an uncertain and fragmented identity.Anta Loom describes in Colonialism/Postcolonial how race and gender provide metaphors and images for each other in the colonial arena: â€Å"In short, lower races represented the female' type of the human species, and females the ‘lower race' of gender† (161). Loom explains how in colonial texts both no n-Europeans and women were viewed as being either passive, child-like and needing leadership or as sexually aberrant, emotional, wild and outside society (159). From the beginning of the colonial period, female bodies symbolized the conquered land. Loom, 152) The definition of woman as the other' and the object' has been determined by the principles of patriarchy. Benjamin claims that the prevailing idea about women in the Victorian age is that â€Å"Woman was considered to be in the full flourish of femininity in the service of home, husband, and children. Women drew on domesticity, the Joys of motherhood, and the influence it accorded them in Justifying public activity. † (15) So, it is clear that women were always regarded as ‘objects' belonging to men.This pushed women to seek their individual identity. Spiral defines women at that time as ‘Third World Women'. In this respect, Madam Syrup says: † Spiral argues that the idea of the Third World is monolith ic entity and that people should fight against such labeling. † (164) Moreover, Madam Syrup maintains: The ‘Third World Woman' is not allowed t speak; she is caught between patriarchy and imperialism, subject-constitution and object- formation, between continuously tradition and modernization. She is rewritten as the object of patriarchy or of imperialism. 165) The patriarchal system made Antoinette seem as a zombie and object in the hands of her husband. She was subordinate to her husband for financial safety, after losing re inheritance. Wide Cargos Sea is a tale of a weak Creole whose struggle for identity leads her to madness (Fayed, 225). Antoinette is defined as a monster by her English husband and does not have voice in Jane Rye. However, Rays wants to change this fact by allowing Bertha to speak and defend herself against â€Å"the onslaught of a strong male such as Rochester† (Fayed, 226).Emery says in this context: â€Å"In Wide Cargos Sea, the madwoman silenced in Jane Rye speaks, and her voice exposes and turns upside down the values, patriarchal and colonialist, upon which the plot and the characters of Bronze's novel depend. (168) Spiral also states that â€Å"Antoinette, as a white Creole child growing up at the time of emancipation in Jamaica, is caught between the English imperialist and the black native. † (242). Emery Cocoas Mason Rochester places herself as lost somewhere in between the two central figures of her life† (35).Fayed argues that Antoinette emphasis on the opinions of the â€Å"Judgmental they † of society indicates her lack of an autonomous self that can grow independent of others' prescribed notions regarding her Creole background (226) Drake describes Antoinette triumph at the end of the novel â€Å"her ultimate regaining of an identity stolen by cultural imperialism. † (205). This essay will show the impact of gender and race on Antoinette identity. Antoinette classification as a mixed product of Caribbean black and European white races contribute to the fragmentation of her identity.Antoinette and her mother experience alienation by the black community and their white European counterparts whose political power and wealth allow them to maintain significant influence over Caribbean society. Antoinette suffers from race problems in both of her childhood and adulthood. Since early childhood, Antoinette family is despised by the people around them because of their background as slave owners: â€Å"l never looked at any strange negro. They hated us, they called us white cockroaches. Let sleeping dogs lie. (Rays 13) Rays presents the post-Emancipation Jamaica as a significant period in the Caribbean history. The Abolition of Slavery Act means the death of Antoinette family members because it declined their economic status: â€Å"Why probably? ‘ the other voice said. ‘Certainly. ‘ ‘Then why should he marry a widow without a penny to her name and Collier a wreck of a place? Emancipation troubles killed old Cocoas? Nonsense – the estate was going downhill for years before that. † (Rays 17) Antoinette returns to her previous social class after the marriage of her mother with Mr†¦ Mason.Antoinette recounts numerous instances of black violence against her family, ranging from the hate-inspired labels of â€Å"white cockroaches† and â€Å"white naggers† to the vicious black mob's burning of the estate at Collier . Antoinette makes efforts to identify herself as a black girl. After Mr†¦ Mason becomes her stepfather, she tries to assert her blackness again by calling him: â€Å"white pappy' (Rays 20). Moreover, Antoinette attempts to search for social acceptance by black people through her interaction with a black playmate named Tia: â€Å"Soon Tia was my friend and I met her nearly every morning at the turn of the road to the river. At the river, Tia calls Antoinette White cockroach ' and steals her clothes. Because of this theft Antoinette is forced to wear Tit's left dress. Tit's dress is symbolic of Antoinette desire to be like Tia. When Antoinette returns home and puts on another dress, it rips. This explains that her old identity no longer fits. Nothing fits Antoinette: her original dress has been stolen, ND her new dress rips. When her house is burnt, she thinks that Tia is the only hope left in her land. Later on, Antoinette discovers that she will never be like Tia because of her race.Therefore, her attempt to be black Caribbean fails: Then, not so far off, I saw Tia and her mother and I ran to her, for she was all that was left of my life as it had been. We had eaten the same food, slept side by side, bathed in the same river. As I ran, I thought, I will live with Tia and I will be likelier. Hand but I did not see her throw it. I did not feel it either, only something et,running down my face. I looked at her and I saw her face crumple up as she began d octor. We stared at each other, blood on my face, tears on hers. It was as if I saw myself.Like in a looking glass. (Rays 27) Antoinette cannot find an identity that suits her and this lack of belonging means her inability to assimilate to the Caribbean culture. In her adulthood, Antoinette begins to doubt her right to claim the island as a part of her identity. She later conveys these feelings of uncertainty and desperation to Rochester when she tells him, â€Å"l loved [the island] because I had nothing else to eve, but it is as indifferent as this God you call on so often. † (Rays 78). Antoinette tries to gain acceptance among whites in order to form her identity.When Antoinette marries Rochester, she feels an increasing love for him. She refuses to leave him for the simple reason that â€Å"he is my husband after all† (Rays 66). Antoinette expresses to Christopher her deep love for Rochester and asks her for an obey potion in order to keep her husband beside her. I n â€Å"Race and Caribbean Culture,† Sandra Drake mentions that â€Å"Antoinette wants to use the spell to complete her assimilation to England and to whiteness. â€Å"(198) When the potion ultimately fails to produce her desired effects, Antoinette is forced to recognize her non-whiteness as well as her non-blackness.Christopher states to Rochester, â€Å"She is not b ©k © like you, but she is b ©k ©, and not like us either. â€Å"(Rays 93) For Rochester, Antoinette and her mother are seen as White naggers' who do not belong to English culture: â€Å"Long, sad, dark alien eyes. Creole of pure English descent she may be, but they are not English or European either. † (Rays 39). In the midst of two different cultures and nations, Antoinette cannot find any place of her own: â€Å"And Vive heard English women call us white naggers. So between you I often wonder who I am and where is my country and where do I belong and why was I ever born at all. (Rays 61) L ike Tit's dress, the white dress (England) does not suit Antoinette. It is clear to Rochester that though she is of English descent, she is still different: â€Å"She was wearing the white dress I had admired, but it had slipped untidily over one shoulder and seemed too big for her. † (Rays, 76)Antoinette relationship with Rochester reveals that she does not really belong to her mother country. Antoinette otherness and race leads to the demise of her relationship with Rochester. Rochester begins to treat Antoinette cruelly and seeks to control her identity.Although Antoinette is eventually imprisoned within the dark, frigid confines of Threefold Hall, She finally realizes the impact of her homeland and Christening's teachings on her character. Antoinette is a Creole woman living in a society dominated by male colonizers, like ‘Rochester'. After her marriage, Antoinette displays a sense of estrangement and uncertain cultural identity: â€Å"So between you I often wonder who I am and where my entry is and where do I belong and why was I ever born at all. † (Rays 61).Rochester seeks to possess Antoinette identity through exploiting her money, changing her name and uprooting her from her familiar land. Me, or so she thinks. I looked down at the coarse mane of the house†¦ Dear father. The thirty thousand pounds have been paid to me without question or condition. No provision made for her (that must be seen too). † (Rays 41) â€Å"Everybody know that you marry her for her money and you take it all. And then you want to break her up, because you Jealous of her. † (Rays 92) In fact, Rochester doe not love Antoinette.He only shows gratitude for her because she has given him money: You are safe, I'd say. She'd like that- to be told you are safe. Or I'd touch her face gently and touch tears. Tears- nothing! Words-less than nothing. As for the happiness I gave her, that was worse than nothing. I did not love her. I was thirsty for her , but that is not love. I felt little tenderness for her, she was stranger to me, a stranger who did not think or feel as I did. (Arrays) The deprivation of love and happiness that Antoinette experiences during her marriage contributes in fragmenting her personality.After her marriage, Antoinette loses all her fortune. She is unable to free herself from Rochester's brutality because she has no financial independence. Her money goes automatically to her husband without stipulation: â€Å"He will not come after. And you must understand I am not rich now, I have no money of my own at all, everything I had belongs to him. â€Å"(66) Antoinette is then obliged to remain with him because she has no other choice. In fact, Rochester aims at possessing Antoinette self and destroying her identity. Changing her name is another measure taken by Rochester to destroyAntoinette identity. Antoinette succumbs as a slave to Rochester when he begins to call her Bertha. She refuses to be called by ot her names, and tries to defend her identity, but she fails: â€Å"When I turned from the window, she was drinking again. ‘Bertha', I said Bertha is not my name. You are trying to make me into someone else, calling me by another name. I know that's obey too. â€Å"(88) By calling her with different names, Rochester wants to crash her personality and transform her into an object, a doll: ‘†She tell me in the middle of all these things you start calling her names. Marionette.Some words so'. Yes, I remember, I did' (Marionette, Antoinette, Marionette, Antoinette) ‘That word mean a doll, eh? Because she don't speak. You want to force her to cry and to speak. † (Rays 92-93)His inhumanity and cruelty leads him to undermine her and consider her as a zombie: Main, silly creature. Made for loving? Yes, but she will have no lover, for I don't want her and she will see no other†¦ She's mad, but mine, mine. † (Rays, 99) Sandra Drake mentions: â€Å"If she[Antoinette] had married Sands Cocoas, she would not have lost either of her names, for she and he array the same family name. (198-199) Rochester dislocates and uproots Antoinette from her familiar land: â€Å"She said she loved this place. This is the last she'll see of it. † (Rays 99)He drives her to an unknown place where she finds out the feeling of non-belonging and displacement. â€Å"l get out of the bed and go close to watch them and to wonder why I have been brought here. For what reason? There must be a reason. † ( Rays, 106) Antoinette does not feel England collapses. â€Å"They tell me I am in England but I don't believe. We lost our way to England. When? Where? I don't remember, but we lost it. Rays, 107) Antoinette dislocation makes her mad and takes away any chance to establish a stable identity for herself. Despite Rochester' imperialist effort to erase all aspects of her identity, Antoinette masterfully creates a new sense of self within her. At l ast, Antoinette realizes her submissive situation and wakes up from her deep sleep. She achieves her freedom and puts an end to her sufferings. When she dreams of burning Threefold house, she was therefore liberating herself: â€Å"Then I turned around and saw the sky. It was red and all my life was in it. I saw the grandfather clock and Aunt.