Modalku Highly Support the MSMEs During the Pandemic

Another FinTech company that distributes its funds to the Micro, Small, and Medium Enterprises (MSMEs) as their main target also shows a big contribution during the pandemic. PT Mitrausaha Indonesia Grup (Modalku) stated that loan lending is still in a stable condition. Up to now, Modalku has distributed the business loan for about IDR 15.5 Trillion to MSMEs in Indonesia, Singapore, and Malaysia.

Currently, they are focusing on distributing the loan to MSMEs that affected by COVID-19. To maintain strong funding, they keep educating the public that having an alternative investment is important. On the other hand, the lenders also contribute to supporting the MSMEs during this pandemic by investing through Modalku. Therefore, Modalku hopes that they could embrace more MSMEs in various sectors and regions. On top of that, by the existence of Modalku, it helps to boost up the economy of Indonesia by promoting financial inclusion.

SAHH

Source:

• bisnis.com