Peer-to-peer lender Amartha aims to double the amount of loans it channels to women running microbusinesses in rural Indonesia to about 13 trillion rupiah ($894 million) by 2025, the startup’s founder told Nikkei Asia in a recent interview.
Amartha runs an online marketplace that channels capital from urban investors to female microentrepreneurs in the form of loans. This allows them to raise working capital for their businesses. The company recently reached its millionth female borrower.
