Amartha
Fintech peer-to-peer lending platform focusing on providing working capital loan to women micro entrepreneurs in rural villages in Indonesia. It also offers financial and digital literacy workshops to help borrowers.
geo/indonesia
Washington D.C., April 6, 2022 – Amartha joins the SME Finance Forum as the newest member of our global membership network. Our members are SME financing experts from 80+ countries who share the common goal of expanding access to finance to small businesses worldwide through knowledge exchange and innovation.
“When we started in 2012, we were in an exploratory phase for the first few years. Since 2016, we’ve been implementing our mission to build a global membership to support better SME financing, and since then, we’ve established a network with over 240 active member institutions, which operate in over 190 countries sharing the common purpose of helping under-served enterprises. We are delighted to welcome Amartha to further grow our mission.” said Matthew Gamser, CEO of the SME Finance Forum.
Amartha is a fintech peer-to-peer lending platform focusing on providing working capital loan to women micro entrepreneurs in rural villages in Indonesia. It also offers financial and digital literacy workshops to help borrowers improve their business. To date, Amartha has reached more than 1 million women micro entrepreneurs and aims to empower millions of women through its inclusive financial services.
"By joining the SME Finance Forum, we hope to share knowledge and experiences and promote financial inclusion and women empowerment in rural villages in Indonesia’’ said Andi Taufan Garuda Putra, CEO & Founder of Amartha.
About SME Finance Forum
The SME Finance Forum was established by the G20 Global Partnership for Financial Inclusion (GPFI) in 2012 as a knowledge center for data, research, and best practice in promoting SME finance. As an implementing partner for the GPFI, the International Finance Corporation (IFC) was tasked with managing the initiative. The Forum operates a global membership network of +240 members that brings together financial institutions, technology companies, and development finance institutions to share knowledge, spur innovation, and promote the growth of SMEs.
To see all SME Finance Forum members, please visit: https://www.smefinanceforum.org/members/member-list
About Amartha
Amartha is a fintech peer-to-peer lending platform focusing on providing working capital loan to women micro entrepreneurs in rural villages in Indonesia. It also offers financial and digital literacy workshops to help borrowers improve their business.
Learn more at:
Website: https://amartha.com/en_US/
LinkedIn: https://www.linkedin.com/company/amartha/
Facebook: https://www.facebook.com/amarthaid
Fintech peer-to-peer lending platform focusing on providing working capital loan to women micro entrepreneurs in rural villages in Indonesia. It also offers financial and digital literacy workshops to help borrowers.
December 6th, 2021 - Successfully holding the Investree Conference (i-Con) for 2 (two) years with the main topics being the empowerment of Small and Medium Enterprises (SMEs) and economic recovery through collaboration in the digital financial ecosystem. This year, fintech lending pioneer Investree will again hold i-Con 2021 with “Revitalizing SMEs to Support Faster and Resilient Economic Recovery” as the theme. This event will be held for 1 (one) day virtually on Thursday, 9 December 2021 at 08.30-17.00 WIB via Investree's Zoom and Youtube channels. Presenting well-known local and international speakers consisting of regulators, borrowers, institutional lenders, banking, procurement, and other Investree digital ecosystem partners, i-Con 2021 focuses on revitalizing SME businesses during the pandemic through the collaboration of the digital financial ecosystem and other innovative economic recovery efforts. i-Con 2021 is part of the 2021 National Fintech Month celebration initiated by the Indonesian Fintech Association (AFTECH).
Similar to the previous year where Investree was wary about the pandemic condition in Indonesia and globally, i-Con 2021 will be held virtually/online. The moderators and speakers will go live from their respective locations. “Revitalization” or “regrowth” are Investree’s keywords in helping the recovery and strengthening of SMEs during the Covid-19 pandemic through the optimization of collaboration and synergy in the digital financial ecosystem, so that the assistance and support received by SME owners are maximized and full of benefits. The keyword choice of “revitalization” is the continuation of last year’s theme which emphasized “acceleration” or “speeding up”. Last year, i-Con 2020 took place after the pandemic, and the discussion focused on accelerating the economic recovery of SMEs affected by Covid-19.
Co-Founder & CEO Investree, Adrian Gunadi, said: “Covid-19 directly impacts the livelihoods of Indonesian people. The SME sector is one of the most affected, although SME owners contribute significantly towards the national economy. They also face common problems that prevent them from growing, such as inconsistent financial reporting and the inability to access credit from banks. With this condition, the SME sector faced a difficult period, resulting in decreased sales, capital constraints, logistics issues, and the threat of default. To encourage revitalization efforts for business owners, we invite SME owners, the financial industry and the general public to virtually attend Investree Conference (i-Con) 2021 to show how the revitalization and resilience of SMEs is the key to reviving the country's economy. In line with Investree's 6th-anniversary campaign, #GrowStron6er, Investree is committed to helping SMEs raise and grow more solidly by bringing together experts, partners and customers from various sectors."
i-Con 2021 will hold 8 (eight) engaging sessions* with relevant discussions on the latest trends in the digital finance industry:
“It can be said that the discussion sessions in i-Con 2021 will discuss a lot of the issues that are relevant lately, including the digitalization of SMEs to improve business, advantages of alternative credit scoring and artificial intelligence (AI) for financial inclusion, regional expansion, sharia finance, to the trend of digital banking. All of this is to support the growth of SMEs and empower them after the pandemic. I hope that oi-Con 2021 can become a platform for stakeholders and the general public to obtain new perspectives and broader knowledge about fintech lending, its role for SMEs, and of course to encourage revitalization or national economic recovery in 2022,” said Adrian full of hope. i-Con 2021 plans to feature a keynote address from Investree's Co-Founder & CEO, Adrian Gunadi; the Minister of Cooperatives and Small and Micro Enterprises, Teten Masduki; and the Chief Executive of the Non-Bank Financial Industry Supervisor and concurrently Member of the Board of Commissioners of the Financial Services Authority (OJK), Riswinandi. i-Con 2021 will also feature entertainment from Angga Puradiredja (Maliq & d'Essentials).
i-Con 2021 is also expected to be attended by 1000 online invited guests, 31 local and international session speakers, 2 professional moderators and 6 Investree team members, along with fellow local, regional and international journalists. This event is open to the public and free of charge. The public can register to watch each session of the 2021 Investree Conference via the link investr.ee/icon2021.
*) List of moderators and speakers is attached to the Event Agenda.
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About Investree
Investree is a fintech lending company that has obtained the Business License for Information Technology-Based Lending and Borrowing Service Providers from the Financial Services Authority (OJK). Our mission is to optimize data and technology to provide easier, more accessible funding for SMEs and connect them to lenders that want to help and obtain an attractive profit. Through collaborations with strategic partners in the digital and financial ecosystem, and the innovation of products and funding services, Investree is committed to continuously provide digital business solutions for SMEs. Investree is based in Indonesia, and has expanded to Thailand and the Philippines.
Until October 2021, Investree has successfully recorded a total loan facility of Rp 13 trillion and disbursed Rp 8.5 trillion in loans, with an average return rate of 16.5% p.a. and average TKB90 of 99.43%. Investree was awarded as “Best Fintech of the Year” by The Asset Magazine, “Best P2P Lending Platform for SMEs” by The Asian Banker, and “30 Most Promising Growth-Stage Startups” by Forbes Indonesia.
For more information, visit www.investree.id or our social media channels:
LinkedIn: Investree Youtube: Investree
Facebook: InvestreeID Spotify: Treepod – podcast by Investree
Instagram: @investree.id
About Investree Conference
Investree Conference (i-Con) is an annual event held by Investree since 2019. This event is a platform to gain inspiration and knowledge around fintech and its ecosystem in Indonesia and Southeast Asia. Through this event, Investree presents inspirational figures from entrepreneurs, experts, and stakeholders in the fintech industry. Every year, i-Con raises relevant themes around fintech and the growth of the SME sector. These themes are in line with Investree's commitment to support the empowerment of SMEs through easy, fast and affordable access to financing and other integrated digital business solutions.
With Investree, #EveryoneCanGrow.
Investree media contact information:
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PT Investree Radhika Jaya Astranivari Chief of Marketing & Communications |
Ogilvy Public Relations Sherlya Evangelista PR Consultant sherlya.evangelista@ogilvy.com +62 813-8050-3339 |
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