“…According to the Council of Microfinance Equity Funds (2012) governance is a system that can keep the organization in the main corridor, which has the function of 1) setting goals, organizational mission and implementation, 2) determining the strategic direction of the organization, 3) maintaining organizational health and minimizing risk, 4) ensuring organizational accountability, 5) ensuring the organization has sufficient resources for the organization to run. While [1] mentions governance is effective decision making, built on the basis of organizational culture, values, systems, various processes, policies and organizational structure, aims to achieve profitable, efficient and effective business in managing risk and being responsible for stakeholder.…”