Fintech Asetku Targets Distribution of IDR 500 Billion Loans Per Month

JAKARTA – Peer to peer lending (P2P) fintech company PT Pintar Indonesia Digital or Asetku targets up to Rp 500 billion of loan distribution per month in 2019.

Since January 2018, Asetku has distributed IDR 200 billion of loan to its 200.000 debtors.

“IDR 500 billion per month is something that we could achieve on the last Q2 of 2019,” said Andrisyah Tauladan, Director of Asetku.

Andri said that the company has set up several strategies so it could achieve the target. The company is planning to aim for an institution-based lender. Because all this time Asetku was being funded by an individual lender.

“We will acquisition lender in a different way by partnering with several parties. This year, Asetku will also introduce Asetku Sharia and institution-based lender,” Andri said.

To reduce the funding risk, Asetku diversifies the funding by spreading the lender funds to the lender. Later, the lender will get 20-24 percent of interest.

Source:  kompas.com