Banking on Fintech: Financial Inclusion for Micro Enterprises in Indonesia

Abstract

For many street food vendors, small shop owners and thousands of micro-entrepreneurs across Indonesia, access to financial services that can help them to meet their needs often lies outside their reach. In Indonesia, micro-enterprises make up the majority of enterprises, with roughly 99 per cent of all enterprises being micro-enterprises. With the uptick in the number of financial technologies (fintech) in Indonesia, there are emerging opportunities that can aid the delivery of faster and more efficient services in developing countries. To promote resilience and growth within Indonesia’s unbanked micro-business sector and support the Government of Indonesia’s financial inclusion agenda, Pulse Lab Jakarta conducted a research project to understand the experiences of early fintech adopters among those enterprises

Did you find this document interesting? Share it with your networks!

Explore our white papers, data innovation guides, project briefs and other types of publications. See more in the library.

Scroll to Top