Willy Arafah Primary Author Lucky Nugroho Primary Author

The aim of paper is to find out the effectiveness of feasibility financing intervention without collateral at clean water financing business model at Islamic Bank. The method on this paper uses a qualitative approach which support by quantitative data of water financing during period June 2013 till July 2015. Nevertheless, discussion on this paper limited by questions: (i) What the links between Islamic banking with microfinance; (ii) What clean water financing Business Model at Islamic Bank?; (iii) What the risk management required for expand clean water financing portfolio?; (iv) How many the clean water financing has been realizing and the qualities of the financing among June 2013 until July 2015?. The role of Islamic Bank as the organization which has a mission not only achieve financial performance, but also social performance, therefore, Islamic Bank provides clean water financing to poor people with appropriate risk management (“al-ghorm bill ghonm” and “al-kharaj bill Daman”). Feasibility financing analysis for clean water financing needs the intervention to give solution for the poor people whose don’t have collateral as the financing required. The most important in the feasibility analysis for clean water financing is the character of the candidate which can access through credit bureau tools of central Bank. The findings of this research are with intervention feasibility analysis approach for clean water financing, the disbursement of clean water financing in the period June 2013 till July 2015 has reached 2281 clients with outstanding Rp2.296.579.363,- and have good quality which means no arrears of installment. In addition, to achieving massive impact for clean water financing needs the role of government to provide financing insurance as the mandatory facilities in clean water financing business model.