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View all search resultsAgriculture peer-to-peer (P2P) lender Crowde provides farmers with seeds, equipment and training rather than cash, as CEO Yohanes Sugihtononugroho says that the platform aims to promote targeted loan use toward sustainable growth of farming as a business.
The chief strategy officer of agriculture lender TaniHub lets us in on the means and goals of the start-up, which uses technology to unlock opportunities for farmers and small business owners across the country.
Chief strategy officer Natalia Rialucky “Ria” Marsudi said the license would make the company “more confident” in partnering with state-owned enterprises (SOE), region-owned enterprises (BUMD) and other fintech companies to acquire more farmers.
Financial Services Authority (OJK) data showed that last year, only Rp 32.52 trillion (US$2.25 billion) or 15 percent of P2P loan disbursements went to borrowers outside of Java, signaling a wide untapped market on other Indonesian islands.
P2P lending platform KoinWorks COO Bernard Arifin said that while the company had experienced a decline in loan requests during the first large-scale social restrictions (PSBB) period from March to July, it had enjoyed an increase in loan requests nearing the end of the year.
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