Bina Swadaya was founded by Ikatan Petani Pancasila (Pancasila Farmers Association) on May 24, 1967. It was initially named Yayasan Sosial Tani Membangun (Peasant Socio-economic Development Foundation). The establishment of Bina Swadaya was thereby related to the existence of Gerakan Sosial Pancasila (Pancasila Social Movement) comprising Laborers, Farmers, Fishermen, Paramedics and Entrepreneurs established since 1954