PT BINA ARTHA VENTURA
Status: Completed investmentWhy disclosure?
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Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer?
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.
What is our 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 do we fund this investment?
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 |
|---|---|
| 11/15/2022 | USD 10.00 MLN |
| 7/3/2019 | EUR 0.02 MLN |
- Region
- Asia
- Country
- Indonesia
- Sector
- Financial Institutions
- Effective date
- 11/18/2016
- End date
- 1/25/2022
- Total FMO financing
- USD 5.00 MLN
- Funding
- MASSIF
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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