LPPI Nepal

Indonesia is home to more than 60 million ultra-micro and micro businesses. They are the critical driving force of Indonesia’s economy, accounting for more than 60% of Indonesia’s GDP and absorbing a whopping 97% of the workforce. Indonesia has to open the access for them to formal banking services and support their ability to access capital so then they can develop their growth potential. Moreover, Indonesia has set a target to achieve 90% financial inclusion by 2024 (up from 76% today); ultra-micro and micro-businesses are the main focus of this vision.