Skip to main content targets US$7.5 million loan disbursement for 2017

Tinuku ~ Uang Teman targets to distribute 100 billion rupiah. Digital Alpha Group is a startup of financial technology in the field of peer to peer lending using the brand continues to expand into various regions in Indonesia to widen the reach of lending business.

Tinuku targets $7.5 million loan disbursement for 2017

Financial technology companies continue to expand in Indonesia. One of them is Digital Alpha Group or usually known as UangTeman, or friend's money in English, hoping to distribute loan to customer up to 100 billion rupiah for year 2017.

The company has been operating in Java and Bali, now reaching Sumatra which started in Bandar Lampung city. Rio Quiserto, Deputy of CEO Uang Teman said the city has high potential demand by the people there to make money loans.

"We have existed in Java, Bali and East Indonesia, now turn to Sumatra especially Lampung," said Rio, Friday, May 19, 2017.

"Based on Google Analitic monthly average of about 1000 people from Bandar Lampung who visit our site, this is the demand and public trust to Uang Teman increased," said Rio.

The company is optimistic the opening of access services in Sumatra to increase the growth of lending to the community. The first quarter of 2017 lending grew 100 percent or about 20 billion rupiah when compared with the first quarter of the previous year.

Significant growth in lending money to the community along with the speed of technology that has been developed. In 2017 predicted public access to apply for loans will be dominated by mobile apps in the Play Store and App Store up to 60 percent, while the rest through the desktop.

"Up to now 6.000 customers of Uang Teman in almost all areas of Indonesia," said Darmawan Zaini, Chief Technology and Product Officer Money Friends.

Zaini said the company will continue to develop its technology to maintain consistency in mitigating the risk of non-performing loans (NPLs) which for the last two years has remained steady below 3 percent.


Popular posts

GyroCycle motorcycle self-balancing gyroscope tech by Thrustcycle Enterprises LLC ready market 2017

Tinuku ~ Thrustcycle Enterprises LLC has been set up GyroCycle electric motorcycle that will not collapse even without the support for the production in 2017. The company is based in Honolulu designing electric motorcycles equipped gyroscopic technology for stability and anti-collapse.

Know Various Types of Traditional Indonesian Batik Patterns

Tinuku ~ Various types of batik spread across the archipelago. Batik is art of painting using cloth has a pattern and a special way of making the write or paste on the fabric. By treatment with certain distinctive ways.

Batik is pictorial cloth made specifically by writing or applying wax to cloth and since October 2, 2009 batik has been designated as one of Indonesia's cultural heritage by UNESCO.

Everyone knows batik designs have supernatural powers and each motif worn only by specific users. Parang motif which symbolizes strength and power, should only be worn by rulers and knights. Batik of this type must be made with calmness and patience.

If you do wrong in the batik process, the magical power is lost. The process of making batik is full of philosophical meaning, batik is a meaningful symbols that shows how society thinks maker.

Perhaps you just know only one kind of batik design. But geography and area of Indonesia storing various types of batik motifs depending on region t…

GlaxoSmithKline, Novartis AG and Bill Gates pushing against malaria

GlaxoSmithKline Plc and Novartis AG will donate a research fund of up to US$4 billion in a global effort to fight malaria as a drug-resistant strain has not progressed for years. Commitment is part of a broad initiative led by the Bill & Melinda Gates Foundation with US$1 billion,

Glaxo invested an additional US$250 million, while Novartis will allocate more than US$100 million, the company said before Wednesday's meeting in London. Urgency increases when the case of malaria grows significantly in 2016 for the first time in a decade. The emergence of resistance to drugs and insecticides makes efforts to eradicate the disease more difficult.

Certain variants of the lethal parasite Plasmodium falciparum are able to avoid artemisinin as the most potent drug available today. This resistant strain has been detected in five Asian countries and takes risks in Africa. Philanthropic billionaire Bill Gates has said it would be a "disaster" if the mutant form of the parasite mo…