JAKARTA – Modalku reported satisfactory performances in its employee financial facilities in 2022, showing its commitment in aiding Micro, Small, and Medium Enterprises (MSMEs) through an established financing ecosystem.
According to the official press release received by IDNFinancials today (8/12), Modalku recorded 600% surge in the transactions of its Employee Loan Facility from its launch in 2020 until now, indicating high demands for personal, short-term loan amongst the workers.
Furthermore, the company also launched a new product called Smartphone Loan Facility earlier this year, which have been distributed to nearly 2,000 employees until now. Then, Modalku also introduced another financing product called Modal Kasbon, which, in essence, is a salary advance.
In order to realise its agenda of providing financial aids for employees in Indonesia, Modalku has partnered with many companies in various sectors, which allows the company to extend its service to over 10,000 employees.
“It is a proof of our commitment to enhance the productivity of the company through maintaining the welfare of its employees in Indonesia,” Andi Yudha Pratama, AVP of Retail Business Modalku, concluded. (ZH)