JAKARTA. PT Mitrausaha Indonesia Group, the owner of Modalku, targets to distribute Rp 20 trillion of financing in 2020.

The target is 66.67% of the total amount of financing Modalku has distributed so far, which reached Rp 12 trillion. 

Iwan Kurniawan, Co-Founder & COO of Modalku, said that to reach the target, the company will be supported by a number of Modalku's collaborative programs with other institutions. "This year, Modalku will focus on market penetration and improve service quality to make it faster and more flexible," Kurniawan said as quoted by Kontan on Sunday (16/2) yesterday.

During 2019, Modalku distributed more than Rp 11 trillion of financing, with the MSME segment as the prioritize segment. (KR/AR)