Welcoming Amartha

Indonesia Business Council for Sustainable Development (IBCSD) excited to announce our new member PT Amartha Mikro Fintek (Amartha). Amartha is the pioneer in a peer-to-peer lending platform that connects potential lenders with rural women micro-entrepreneurs.

Chief Risk and Sustainability Officer Amartha, Aria Widyanto stated the membership of Amartha in IBCSD sends a strong message that it is crucial for companies to integrate their business models with sustainability practices to deliver more impacts to the communities. We see that IBCSD is the right association to achieve these goals. We are excited to have more collaborative action with IBCSD to promote sustainable business practices in Indonesia.

Since 2010, Amartha has been a bridging micropreneurs with online potential lenders. The amount of micropreneurs who had difficulties to raise funds for their business due to limited access, income fluctuation, and no credit history was the beginning of our story. As of 2021, Amartha has facilitated over IDR 3.26 trillion loan origination and served over 621,465 micro-entrepreneurs. Today, Amartha has grown with more than 1,000 employees to empower informal economies to, for instance, open their grocery stalls or expand their traditional fish breeding by bridging them with loans, ranging from IDR 3 million to IDR 10 million. The company believe these micropreneurs can evolve to become quality borrowers with the right technology and the spirit of cooperation. Investing in microbusinesses is also proven to create a great deal of social impact.

"Pursuing sustainable development makes companies more competitive, more resilient and adaptable in a fast-changing world, and more prepare for the future."