Word: bakayat
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...will begin his year working for the Harvard Institute for International Development (HIID). There he will help Bank Bakayat--a uniquely structured Indonesian bank comprised of a series of small "village banks"--determine what practices are most successful for its local banks...
Tobacman is trying to figure out how to be sure that his work in Indonesia, like his work in the homeless shelters, has a direct impact on people. One option he's considering is working at a local branch of Bank Bakayat...
...Bakayat] not just as an economic, profit seeking institution, but also as one that has enormous benefit for people who use the service," he says...
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