Indonesia startup bags $50m for lending to rural women

Amartha to use funds from US-based Lendable to encourage micro entrepreneurs

20210225 Indonesia women

Andi Taufan Garuda Putra, founder and CEO of Amartha, says women are the drivers of Indonesian micro economy. © Reuters

YIMIE YONG, DealStreetAsia

KUALA LUMPUR -- Indonesian lender Amartha has secured $50 million from U.S.-based Lendable that it will use in its mission to give more women in emerging economies access to financing.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.