Funding Societies 55

Access to working capital determines whether SMEs can continue to grow. In Jakarta, Tri supports the construction sector through his company Kumala Putra by supplying essential materials. Through Funding Societies, he receives financing at the right moment, enabling him to seize opportunities and further develop his business.

funding gap emerging markets
Funding Societies
Company
Indonesia
Country

The project

How do essential industries in Jakarta keep operating? For Tri, owner of Kumala Putra, it starts with a reliable supply of construction materials. Every day, he delivers sand and aggregates to local businesses. His transport and maintenance services are essential to keeping the construction and infrastructure sector running.

Like many SMEs in Southeast Asia, Tri faces long payment terms. Clients often pay weeks or months after delivery, putting pressure on cash flow. As a result, taking on new projects becomes more difficult, even though demand continues to grow.

Through Funding Societies, he gains access to working capital when he needs it. This fintech platform connects entrepreneurs directly with individual and institutional investors via peer-to-peer lending. It allows Tri to bridge the gap between invoicing and payment and maintain stable operations.

With this support, Tri can take on new projects immediately, expand his activities, and contribute to economic development in his region. Will you invest in the growth of SMEs in Indonesia?

Your investment

  • Annual interest rate: 6%
  • With an investment of €1,000 the expected total repayment is €1,045
  • Maturity: 12 months
  • Currency: EUR

Funding Societies

CEO
Kelvin Teo
Founded
2016-11-21
Location
Singapore
Sector
Financial services
Turnover
€9,026,270
Employees
600
€175,000raised
Fully funded in 1 hour on 8 April 2026.
558investors
€175,000
target
6.0
%
Interest
12
months
Maturity
6
months
Repayments
A
B
C
D
E
Credit score
Growth financing
Euro

Impact

5
Lives improved

SMEs comprise about 60% of Southeast Asia's GDP and provide most jobs, but they face a $320B financing gap. Funding Societies has stepped in to bridge this gap, financing over €815 million through more than 3 million business loans in the last five years. Their focus lies in short-term credit, typically under 12 months, tailored to meet the needs of SMEs.

The impact of their loans is significant. About 76% of SMEs use their loans for working capital. Many acknowledge that this financing was essential to keep their businesses open and maintain their workforce. Furthermore, Funding Societies fosters women's economic empowerment by supporting female entrepreneurs, who comprise 24% of their borrowers.

Investing in Funding Societies on Lendahand promotes financial inclusion and social mobility in Southeast Asia, more specifically in Indonesia and Vietnam. With Funding Societies, you can contribute to regional development and make a real difference in people's lives.
 

Related blog posts

  • Read the introduction of Funding Societies as an investment opportunity here.
  • Want to learn more about Funding Societies? Read our email interview with CEO Kelvin Teo here.
  • Curious about the impact Funding Societies and Lendahand create together? Watch our interview with Funding Societies’ COO and impact manager, Vikas, here.