Funding Societies 50

With the 49 projects we’ve funded together for Funding Societies, we have already supported hundreds of SMEs in Indonesia with fast and flexible financing. Will you help make the 50th project a success?

funding gap emerging markets
Funding Societies
Company
Indonesia
Country

The project

The need for cash flow is the main reason why SMEs in Indonesia turn to the digital lending platform Funding Societies. They often need to cover costs for suppliers, materials, and salaries before their customers pay. This timing mismatch causes delays in production and hinders the growth of their businesses. Smaller companies in particular, who lack access to traditional bank financing, face this challenge.

Funding Societies provides the solution by offering short-term working capital loans that allow businesses to continue their production without having to wait for long payment terms from their customers.

With your investment in Funding Societies, you support businesses across various sectors, from film production companies to innovative smart farming start-ups, which, thanks to the financing, can grow into established businesses. These companies create jobs and contribute to the local economy, bringing about positive change in their communities.

Will you help make the 50th project a success? Thanks to your investment, we can keep the cycle of growth and progress flowing!


Funding Societies on Lendahand

  • Active on Lendahand since: January 2021
  • Total raised: €11,052,250
  • Already repaid: €9,018,917
  • Interest disbursed: €352,129
  • Payments on time: 46 out of 46 (100%)


Your investment

  • Annual interest rate: 6%
  • With an investment of €1,000 the expected total repayment is €1,045
  • Maturity: 12 months
  • Currency: EUR

Funding Societies

CEO
Kelvin Teo
Founded
2016-11-21
Location
Singapore
Sector
Financial services
Turnover
€9,200,000
Employees
600
€70,000raised
Fully funded in 12 hours on 4 December 2025.
249investors
€70,000
target
6.0
%
Interest
12
months
Maturity
6
months
Repayments
A
B
C
D
E
Credit score
Growth financing
Euro

Impact

2
Lives improved

SMEs comprise about 60% of Southeast Asia's GDP and provide most jobs, but they face a $320B financing gap. Funding Societies has stepped in to bridge this gap, financing over €815 million through more than 3 million business loans in the last five years. Their focus lies in short-term credit, typically under 12 months, tailored to meet the needs of SMEs.

The impact of their loans is significant. About 76% of SMEs use their loans for working capital. Many acknowledge that this financing was essential to keep their businesses open and maintain their workforce. Furthermore, Funding Societies fosters women's economic empowerment by supporting female entrepreneurs, who comprise 24% of their borrowers.

Investing in Funding Societies on Lendahand promotes financial inclusion and social mobility in Southeast Asia. With Funding Societies, you can contribute to regional development and make a real difference in people's lives. Due to financial and political instability in Indonesia, Funding Societies has been rather cautious in Indonesia and they have not grown that particular portfolio since 2023, with Lendahand investments being raised for Funding Societies Malaysia as of July 2026.
 

Related blog posts

  • Want to learn more about Funding Societies? Read our email interview with CEO Kelvin Teo here.
  • Curious about the impact Funding Societies and Lendahand create together? Watch our interview with Funding Societies’ COO and impact manager, Vikas, here.