Tapping into the financial services market for Indonesia’s 49 million unbanked SMEs, KoinWorks offers investors a Protection Fund in partnership with credit insurance firms.
Why
Difficulties in securing loans
Many Indonesians and SMEs lack access to credit and banking services.
Credit risks of unbanked
Existing databases only cover 20% of Indonesia’s population. Many lack financial or credit history.
Market
$70 billion
The estimated loan capital needed by SMEs in Indonesia, representing a credit gap.
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