Data to June 2019
In the first half of 2019, Opportunity’s partners in Indonesia have seen strong growth across the board. Komida and TLM in particular continue to grow quickly, with TLM, a partner operating in extremely isolated areas, recently hitting the milestone of 100,000 clients.
Our Indonesian partners are expanding their services into more remote areas, including Sulawesi, Kalimantan and Sumatra. By expanding their geographical spread, our partners are ensuring that they are able to reach families in remote areas who generally have less access to financial services than those in more populated regions.
All partners are piloting the use of digital technology to make financial services more accessible. Paperless methods of data collection will enable our partners to operate more efficiently and safely in rural areas and give clients more freedom with their transactions.
We continue to explore the best methods of maximising the value of our microfinance platform through non-financial initiatives. More information on these programs can be found in our education and health reports.
With the rapid growth of our Indonesian partners comes the challenge of insufficient staffing; particularly in middle management. To combat this, Opportunity is working with our partners to develop online resources that will help prepare staff for promotions into middle management roles. The online training focuses on upskilling existing staff and internally promoting into positions of leadership, allowing new staff to be recruited into junior roles.
Indonesia Microfinance Partner Summary
|Families Reached||Loans Outstanding A$'000||Operational Sustainability||Portfolio at Risk >30 days|
Your support is empowering these women—and millions more like them—to create a new future for their families, free from poverty.
"I hope my children can now be successful."
– Oktavin, Rote Island
A savvy business idea and a small loan helped Oktavin start a grilled fish business that quadrippled her family's income.
"I can now put aside money to build a better home."
– Meri, Sumba
Meri used a small loan to purchase thread and materials for her tailoring business and start a vegetable stall.
"Now my daughter can go to school."
– Hona, Sumba
A small loan allowed Hona to double her production of traditional sarongs—and her income—so she can educate her children.
"Soon we can move out of my parents' home."
– Yustina, West Timor
Yustina runs a kiosk in front of her parents' house selling rice and essentials, allowing her to save for a home with her husband and daughter.