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.