JAKARTA, NETRALNEWS.COM - In line with the commemoration of Kartini Day, Pinjam.co.id had also celebrated and supported the role of women in improving financial inclusion in Indonesia. Pinjam.co.id, a financial technology (fintech) lending company that promotes easy and affordable access to finance for all levels of society through a different business model, with emphasis on collaboration and community empowerment, especially for Small and Medium Enterprises (SME) and Micro, Small and Medium Enterprises (MSME). Pinjam.co.id seeks to continue to encourage women to enter the public sphere by supporting them to become self-employed entrepreneurs. Through online pawn services and various business loan services, Pinjam.co.id believes that women will also be able to benefit from the funding and contribute significantly to the improvement of Indonesia's financial inclusion.
With the spirit of Kartini Day, Pinjam.co.id held a discussion featuring Teguh B Ariwibowo as CEO and Co-Founder of Pinjam.co.id, Angkie Yudistia, Founder and CEO of Thisable Enterprise and Rodiatun Mardiyah Gumay as owner of @gomy_shop and @minimelsid, where both are customers of Pinjam.co.id. Presented as speakers who are also experienced as a womenpreneur, both speakers focus on the importance of becoming an independent woman by providing access to business financing needs. In opening a business, the need for quick funds both as capital and additional capital often becomes an obstacle.
"We believe that women deserve the same opportunity in developing their potential. The barriers experienced by women in accessing business capital have been denied to support the improvement of women's competence in the public, "said Teguh B. Ariwibowo.
"This is where Pinjam.co.id strives to be a solution by providing access for the community as easy as possible and affordable, not apart for women and especially those who are entrepreneurial through technology that allows products and services of Pinjam.co.id, especially untapped by the existing conventional formal financial industry. The products and services of the company is the result of our collaboration with our partners to continue to focus on the need for financial problems they face,” Teguh added.
Through its online pawning services, Pinjam.co.id receives collateral goods in the form of motorcycles, cars, laptops, mobile phones, tablet PCs, cameras, gold jewelry and precious metals that enable the public to obtain a secured short fund and without the impression kepepet. Meanwhile, through the business loan service, Pinjam.co.id provides good business loans, bails or an employee with a guarantee that can be given to the creditor with a maximum value of the loan is 100 million rupiah. In both these services, Pinjam.co.id provides access and tidiness which means customers can be served through technology or directly contacted by the company’s team.
Today, women are increasingly being pushed to show their professionalism in the public sphere. Cultural expectations that make women take on multiple roles do not make women limit their potential. One of themis through self-employment. Based on data released by International Finance Corporation (IFC) World Bank in March 2016, in Indonesia there are approximately 700,000 SMEs, contributing 22% to GDP with a percentage of 9.1% of female SMEs. Of the data, 51% are small businesses, and 34% are owned by women, which means that the composition of SMEs owned by women is almost half of all SMEs in Indonesia. Women-owned SMEs also have the prospect to provide benefits with low risk.
However, women still have to face some obstacles. According to data released by IFC, in developing its business, lack of financing during business is a major challenge for women. As you know, in developing a business, funds for investment are needed. As many as 44% of women have a desire to borrow funds for business development while for men with the same desire only by 40%. One of their funding sources is through banks but 40% of women feel complicated in dealing with banks, unlike men with a percentage of 28%.
Not many women understand that funding can be obtained from non-banking financial services providers. Low financial literacy is one reason women who want to start a business stalled. According to Deputy Commissioner of Financial Services Authority (OJK) for Education and Consumer Protection, Anggar Nuraini, stated that the index of literacy of financial products and services for men amounted to 33.52%, while women only amounted to 25.69%. Education that there is still an alternative choice of products from financial service providers needs to be improved again. Alternatives such as Pinjam.co.id, are expected to be government partners in channeling funding for women who want to self-employment.