Andi founded Amartha Microfinance to provide affordable financial services to low-income individuals living in remote rural areas of Indonesia. In a country where more than 100 million people live on less than $2/day, Andi’s organization has provided average loans of US$100 to over 3,000 clients in over 50 villages. Andi – and his team of 30 – target women, ages 18 to 65, and encourage them to start home-based businesses. Amartha Microfinance is based on a profit-sharing model in which members of small groups pay weekly installments to meet their loan obligations. In addition to its financial services, Amartha Microfinance provides training in basic financial literacy and community organizing.

CURRENT UPDATES

Amartha continuously grows exponentially every year. In March 2014, 5,300 poor families’ lives have been improved in terms of living standards, an average 30%, increase in income, and increased savings. We persistently expand our outreach in order to reach many poor families earn more income and participate more fully in the formal economy.