INNOVATION AT YOUR FINGERTIPS
Updated: 05/2017
Taralite
Indonesia / Jakarta , Indonesia
Pitch
Spurred by the success of its wedding finance platform, Taralite is now targeting Indonesia’s underserved SME business loans sector.
Why
Alternative lenders needed
Loans from traditional banks are expensive and difficult to obtain by entrepreneurs and SMEs.
Lack of collateral
Small businesses and low-income families often cannot provide suitable collateral to secure loans.
Market
42.5 million
The number of small businesses in Indonesia in 2015.
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