Projects

Funding Societies 2

New local partner Funding Societies (in Indonesia known as Modalku) will use the second EUR 500,000 loan for working capital needs of about 50 SMEs in Jakarta, Bandung and Surabaya. The majority of these SME is engaged in eCommerce, agriculture & allied activities and wholesale trade.

  • Local partner investment
  • 10 new jobs
  • 250 people reached

€500,000

Amount

12 months

Maturity

3.50%

Annual interest

EUR

Currency

6 months

Repayment Interval
79%
Still €102,150 needed, 32 days to go

First Finance 6

With this investment of EUR 210,000 local partner First Finance can provide loans to 12 families in the Kampong Cham province to either purchase land for residential purpose or renovate their existing houses. **please note: this project contains an exchange rate risk EUR/USD)**

  • Local partner investment
  • 5 new jobs
  • 50 people reached

€210,000

Amount

24 months

Maturity

4.50%

Annual interest

USD

Currency

6 months

Repayment Interval
71%
Still €60,050 needed, 48 days to go

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