The project

Funding Societies, known as Modalku in Indonesia, is a pioneering SME digital financing platform dedicated to enhancing financial inclusivity in the region. With a track record of providing over $3.2 billion in SME loans to around 100,000 SMEs across Southeast Asia, their impact on financial inclusion is big. While Indonesia is their primary market, they are also present in Vietnam, Thailand, Malaysia, and Singapore.

Unlike traditional institutions that focus on longer-term, secured financing, Funding Societies offers SMEs the chance to acquire financing without collateral. This strategy provides these businesses a quicker pathway to credit. Kelvin Teo, CEO of Funding Societies, points out, "SMEs are underserved by traditional financial institutions because they are often perceived as risky. Funding Societies exists to empower them for growth through financing, payments, and other financial services."

3.2.1. Rolling. Welcome behind the scenes of Dennis’ video production firm in Jakarta. 

What social return could your investment generate? 

Your investment enables Funding Societies to give out micro-loans to 37 e-commerce, agriculture, and wholesale business owners in Indonesia. The activities of the digital lending platform contribute to financial inclusion in Southeast Asia. Microloans offer a pathway to local economic stability and the empowerment of women. 

The loans allow hardworking entrepreneurs to acquire necessary materials and maintain customer flexibility. Together with Funding Societies, you will enable SMEs to operate efficiently and continue stable employment. 
 

What financial return could your investment generate? 

• An annual interest rate of 6%. 
• The maturity of the loan is 18 months. 
• Your investment will be repaid in equal instalments, along with interest, every six months.
• With an investment of 1,000 euros, your expected return would be 1,060 euros.
• Currency: EUR

The story of Funding Societies

Funding Societies specialises in facilitating financial access to underserved small and medium business owners across Southeast Asia. Their main operations are in Indonesia. In the past 5 years, it has financed over 815 million euros through 3 million+ business loans, engaging over 250,000 registered investors. Its mission centers around bridging the $320 billion SME funding gap in the region by bringing together SMEs and investors. By fostering financial inclusion, Funding Societies aims to stimulate economic growth and prosperity.

Moreover, Funding Societies believes in the principle that 'Stronger SMEs create Stronger Societies'. Its business model contributes directly to this vision by enabling SMEs to become key drivers of economic growth and job creation. By being active in Southeast Asia, Funding Societies hopes to make a considerable impact on the regional economy, promoting financial inclusivity, and enhancing local wellbeing. 

By investing in Funding Societies you are not just investing in a financial platform; you are directly contributing to the growth of societies and economies across Southeast Asia.

Funding Societies in numbers

• Founded in 2015 with headquarter in Singapore
• 600+ employees
• Financed > €3 billion in loans
• Disbursed > 80,000 SME loans
• Active in 5 markets across Southeast Asia: Indonesia, Vietnam, Thailand, Malaysia, and Singapore