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Amartha founded in 2010 and is a pioneer of digital peer-to-peer (P2P) microfinance lending in Indonesia that connects lenders with rural, underserved women borrowers.

Investment rationale

Nearly 25m underserved women entrepreneurs with an annual unmet loan demand of USD 44bn.

Platform based lending with off-balance sheet financing facilitates massive scalability potential.

The fund raise proceeds will be used to build existing loan portfolio, launch new products and further digital initiatives.

Country:  Indonesia


Responsible partner: David Paradiso

Fund: Maj Invest Financial Inclusion Fund III K/S


Year of investment


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