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Culture and Governance in Microfinance: Desa Pakraman and Lembaga Perkreditan Desa in Bali

In: Microfinance in Developing Countries

Author

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  • Hans Dieter Seibel

Abstract

Preservation of its cultural and religious identity is a key concern in Bali. Finance is one of the spheres in which that identity has been challenged. The roots of that identity were planted some 500 years ago by Hindu princes who fled Islamization on Java and established a culture of Dharma Hinduism on Bali, incorporating elements of a pre-existing ancient Balinese culture. The result has been an ever-evolving blend of religion and ritual, temple architecture, arts and crafts, music and dance, family life and community associations — a blend characterized by variety and fluidity, which nowhere fits into a single fixed pattern (Geertz, 1959).

Suggested Citation

  • Hans Dieter Seibel, 2013. "Culture and Governance in Microfinance: Desa Pakraman and Lembaga Perkreditan Desa in Bali," Palgrave Macmillan Books, in: Jean-Pierre Gueyie & Ronny Manos & Jacob Yaron (ed.), Microfinance in Developing Countries, chapter 6, pages 107-126, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-30192-5_6
    DOI: 10.1057/9781137301925_6
    as

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