In September 2017, OeEB contributed USD 10 million to a USD 60 million credit line arranged by IFC for PT Indosurya Inti Finance Indonesia. The funds are dedicated to financing local small and medium-sized enterprises (SME).
|Project name||PT Indosurya Inti Finance|
|Region||Southern and Eastern Asia|
|Sector||Financial sector / Microfinance / SME|
|OeEB project volume||USD 10 million|
|Projekt partner(s)||PT Indosurya Inti Finance|
SME are essential for Indonesia's economic development. However, their ability to grow is hampered by their limited access to finance.
The credit line co-financed by OeEB supports Indosurya in expanding its SME-business, thus contributing to strengthening the private-sector and to securing and creating jobs.