Amartha Boosts Loans To Women In Rural Communities
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Business
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University
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Practice Problem
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Hard
Wayground Content
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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.
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2 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
What are the future growth expectations for the microfinancing business in terms of customer reach?
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2.
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3 mins • 1 pt
In what ways is technology being leveraged to support female microentrepreneurs?
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