Performance of Microfinance Institution in Harmony Cultural Perspective in Bali

This study aims to model the performance of Village Credit Institutions (LPD), which is one of the microfinance institutions in Bali, through cultural harmony. This culture aims to achieve happiness by maintaining a harmonious relationship with God, company with employees, and the company with the villagers. 120 managers of LPD is chosen as informant. Qualitative data are collected through in-depth interviews to managers and analyzed by the ethnomethodology method. The results show that the measurement of performance through CAMEL must be added the company's ability to support religious activities and culture that flourished in every village. Cultural harmony is applied in Bali and can be developed in other areas in accordance with the existing culture. Results of the study have implications for the performance of taking the measurements should pay attention to local culture and a new thing in microfinance institutions.