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 |
Service | Investment Finance |
Project country | Indonesia |
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.