Amartha Boosts Loans To Women In Rural Communities

The video discusses a microfinancing company in Indonesia, co-founded by Mark and Martha in 2010. Initially a microfinancing platform, it evolved into a marketplace by 2016, focusing on empowering female microentrepreneurs. The company has provided loans to over a million customers, aiming to address social issues beyond profit. Despite global borrowing cost increases, their interest rates remain competitive at 1-2% per month. The company plans to expand its customer base significantly, leveraging technology to digitize and broaden access to finance for women-led businesses.

What was the initial focus of Mark and Martha's business when they started in 2010?

• Creating a marketplace for microfinance

• Providing loans to large corporations

• Bootstrapping a microfinancing lending platform

• Investing in real estate

Which model inspired the focus on women in microfinancing?

• The Wall Street investment model

• The European Union financial model

• The Grameen Bank model

• The Silicon Valley startup model

What is the primary goal of the microfinancing marketplace discussed in the video?

• Expanding into international markets

• Solving pressing social issues in Indonesia

• Building luxury brands

• Maximizing profits for shareholders

What is the typical interest rate range for micro small loans in Indonesia as mentioned in the video?

• 7 to 8% per month

• 3 to 4% per month

• 1 to 2% per month

• 5 to 6% per month

What is the projected growth target for the number of customers in the coming years?

• 3 to 5 million

• 6 to 7 million

• 1 to 2 million

• 8 to 10 million