Funding Societies

Asia

Region

52.9

Commitment (MNOK)

Active

Status

Funding Societies is a peer-to-peer lending platform designed to specialize in short-term financing for small and medium enterprises

detail_image

Key information

Sector:
Financial Inclusion
Commitment (MNOK):
52.9
Year:
2023
Region:
Asia
Country:
Indonesia
Domicile:
Singapore
Instrument:
Loans
Status:
Active
Mandate:
Development

Additionality Funding Societies

This investment is particularly additional on the following ambitions:

  • investing in the most capital constrained markets
  • investing in sectors with high development needs
  • Investing in high risk instruments
  • taking an active role in investments
  • improving social and environmental standards

Read more about the investment:

Norfund invests in fintech targeting SMEs