Project detail - PT BINA ARTHA VENTURA

PT BINA ARTHA VENTURA

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Who is our client

PT Bina Artha Ventura is a Venture Capital Company actively engaged in the microfinance sector in Indonesia. It is a strong, transparent and professional managed MFI that gained sizeable market share in its four years of existence supported by CreditAccess Asia, a solid and well-funded group in the Netherlands.

Funding objective

Bina Artha fulfils a role in providing finance to the underserved microsegments of Indonesia by providing group loans and individual lending to micro and small enterprises. FMO's financing will support further growth of the company's loan portfolio.

Why we fund this project

MFI's play a pivotal role promoting economic growth of the base of the pyramid by providing finance to micro and small entrepreneurs. PT Bina Artha Ventura is a growing MFI in a Lower Middle Income Country where financing of small entrepreneurs has a tremendous development impact. The financing will have a positive contribution to at least three of the UN Sustainable Development Goals: SDG 1 (no poverty), SDG 5 ( gender equality) and SDG 8 (decent work and economic growth).

More investments

Date Total FMO financing
7/3/2019 EUR 0.02 MLN
Region
Asia
Country
Indonesia
Sector
Financial Institutions
Signing date
11/18/2016
Total FMO financing
USD 5.00 MLN
Fund
MASSIF
Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk Environmental & Social Category
(A, B+, B or C)
C