Throughout the Year 2017, Crowdo Deliveres Funding to Over 3,500 SMEs in Indonesia

By : Ridwan And Aldo Bella Putra | Friday, January 12 2018 - 20:00 IWST

Crowdo (Hariyanto/ INDUSTRY.co.id)
Crowdo (Hariyanto/ INDUSTRY.co.id)

INDUSTRY.co.id - Jakarta, Since its presence in 2015, peer to peer (P2P) lending service, Crowdo has been successful in attracting quite a lot of users in the country.

It is proven in 2017, Crowdo has provided more than 3,500 loans to Small and Medium Enterprises (SMEs) owners throughout Indonesia. Uniquely, all these achievements they managed to achieve without once experiencing bad credit.

"2017 has been a great year for Crowdo as we reach some milestones and experience tremendous growth in our organization," said Head of Marketing Crowdo, Aditya Reflein to INDUSTRY.co.id in Jakarta, Friday (12/1/2018).

Crowdo is certainly very grateful to SMEs in Indonesia that has made Crowdo can grow very rapidly. "This is inseparable from the government's support for the fintech industry as a whole and OJK recognition of Crowdo," he explained.

Furthermore, he revealed, with his registered and watched Crowdo by OJK, making business confidence to get a larger funding loan.

According to him, the result of a positive collaboration between Crowdo and SMEs also make the business actors do not hesitate to share stories about Crowdo and finally we can also help the development of SMEs in Indonesia.

"We cannot let go of the public recognition of the financial technology industry, which also encourages Crowdo growth throughout 2017," Raflein said.

Throughout the year 2017, he continued, infrastructure sector became the most Crowdo support sector. According to him, this is quite in line with government programs that are boosting infrastructure development in Indonesia.

"In addition to infrastructure, we also fund venture capital for various buses, such as agriculture, labor, to information technology," he added.

With this achievement, Crowdo increasingly optimistic to continue its success in 2018. "We believe growth in 2018 will be significant, and will be more funding that we will channel to advance SMEs in Indonesia," lid Raflein.

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