Amartha’s selected partners are women entrepreneurs with the capital requirements range from 2 million rupiah. Amartha fund are transfered to productive enterprises in which they live, which currently includes Bogor, Bandung and Subang
Here is the business sector that can you fund:
Through our innovative marketplace we connect the informal economy with lower and fair funding rate in accordance with the profile and capacity.
Borrowing start from 2 million rupiah, unsecured, and flexible tenor 3, 6, and 12 months. All the information is clarified at the beginning transparently without any hidden fees and the ease of early repayment without penalty.
We integrate the group approach as well as an online application with the support of a field team during the term of the funding.
History of repayment installments allow the borrowers to increase credit score to get a bigger plafon and lower rate.
Members are asked to form a group of 15-20 people in the area where they lived. The training is mandatory for all prospective borrowers before they are granted with the fund.
Funding proposals that have been reviewed will be listed in the marketplace to be offered to interested investors. After obtaining the funds commitment from investors, Amartha will facilitate the agreement and disbursement to the borrowers.
During the period of funding, each member shall attend weekly meetings with the field officer of Amartha. Amartha Field Officer will monitor the development of business regularly.