Monday, June 29, 2015

His mother also did work in finance..........micro credit..........





Professional life[edit]
From January 1968 to December 1969, Dunham taught English and was an assistant director of the Lembaga Persahabatan Indonesia Amerika (LIA)–the Indonesia-America Friendship Institute at 9 Teuku Umar Street in the Gondangdia administrative village of the Menteng subdistrict in Central Jakarta–which was subsidized by U.S. government.[42] From January 1970 to August 1972, Dunham taught English and was a department head and a director of the Lembaga Pendidikan dan Pengembangan Manajemen (LPPM)–the Institute of Management Education and Development at 9 Menteng Raya Street in the Kebon Sirih administrative village of the Menteng subdistrict in Central Jakarta.[42]
From 1968 to 1972, Dunham was a co-founder and active member of the Ganesha Volunteers (Indonesian Heritage Society) at the National Museum in Jakarta.[42][47] From 1972 to 1975, Dunham was crafts instructor (in weaving, batik, and dye) at the Bishop Museum in Honolulu.[42]
Dunham then had a career in rural development, championing women's work and microcredit for the world's poor and worked with leaders from organizations supporting Indonesian human rightswomen's rights, and grass-roots development.[36]
In March 1977, Dunham, under the supervision of agricultural economics professor Leon A. Mears, developed and taught a short lecture course at the Faculty of Economics of the University of Indonesia (FEUI) in Jakarta for staff members of BAPPENAS (Badan Perencanaan Pembangunan Nasional)—the Indonesian National Development Planning Agency.[42]
From June 1977 through September 1978, Dunham carried out research on village industries in the Daerah Istimewa Yogyakarta (DIY)—the Yogyakarta Special Region within Central Java in Indonesia under a student grant from the East–West Center.[48] As a weaver herself, Dunham was interested in village industries, and moved to Yogyakarta City, the center of Javanese handicrafts.[43][49]
In May and June 1978, Dunham was a short-term consultant in the office of the International Labour Organization (ILO) in Jakarta, writing recommendations on village industries and other non-agricultural enterprises for the Indonesian government's third five-year development plan (REPELITA III).[42][48]
From October 1978 to December 1980, Dunham was a rural industries consultant in Central Java on the Indonesian Ministry of Industry's Provincial Development Program (PDP I), funded by USAID in Jakarta and implemented through Development Alternatives, Inc. (DAI).[42][48]
From January 1981 to November 1984, Dunham was the program officer for women and employment in the Ford Foundation's Southeast Asia regional office in Jakarta.[42][48] While at the Ford Foundation, she developed a model of microfinance which is now the standard in Indonesia, a country that is a world leader in micro-credit systems.[50] Peter Geithner, father of Tim Geithner (who later became U.S. Secretary of the Treasury in her son's administration), was head of the foundation's Asia grant-making at that time.[51]
From May to November 1986 and from August to November 1987, Dunham was a cottage industries development consultant for the Agricultural Development Bank of Pakistan (ADBP) under the Gujranwala Integrated Rural Development Project (GADP).[42][48] The credit component of the project was implemented in the Gujranwala district of the Punjab province of Pakistan with funding from the Asian Development Bankand IFAD, with the credit component implemented through Louis Berger International, Inc.[42][48] Dunham worked closely with the Lahore office of the Punjab Small Industries Corporation (PSIC).[42][48]
From January 1988 to 1995, Dunham was a consultant and research coordinator for Indonesia's oldest bank, Bank Rakyat Indonesia (BRI) in Jakarta, with her work funded by USAID and the World Bank.[42][48] In March 1993, Dunham was a research and policy coordinator for Women's World Banking (WWB) in New York.[42] She helped WWB manage the Expert Group Meeting on Women and Finance in New York in January 1994, and helped the WWB take prominent roles in the UN's Fourth World Conference on Women held September 4–15, 1995 in Beijing, and in the UN regional conferences and NGO forums that preceded it.[42]
On August 9, 1992, she was awarded Ph.D. in anthropology from the University of Hawaii, under the supervision of Prof. Alice G. Dewey, with a 1,043 page dissertation [52] titled Peasant blacksmithing in Indonesia: surviving and thriving against all odds.[53] Anthropologist Michael Dove described the dissertation as "a classic, in-depth, on-the-ground anthropological study of a 1,200-year-old industry".[54] According to Dove, Dunham's dissertation challenged popular perceptions regarding economically and politically marginalized groups, and countered the notions that the roots of poverty lie with the poor themselves and that cultural differences are responsible for the gap between less-developed countries and the industrialized West.[54] According to Dove, Dunham:
found that the villagers she studied in Central Java had many of the same economic needs, beliefs and aspirations as the most capitalist of Westerners. Village craftsmen were "keenly interested in profits", she wrote, and entrepreneurship was "in plentiful supply in rural Indonesia", having been "part of the traditional culture" there for a millennium.

Based on these observations, Dr. Soetoro concluded that underdevelopment in these communities resulted from a scarcity of capital, the allocation of which was a matter of politics, not culture. Antipoverty programs that ignored this reality had the potential, perversely, of exacerbating inequality because they would only reinforce the power of elites. As she wrote in her dissertation, "many government programs inadvertently foster stratification by channeling resources through village officials", who then used the money to strengthen their own status further

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