MEKAR Exchange

About MEKAR

The MEKAR Exchange (www.mekar.biz) is Indonesia’s first Online Peer to Peer micro lending platform developed to meet the needs of Indonesian micro and small entrepreneurs and lenders. Micro and small entrepreneurs in Indonesia face a difficult problem: with average microfinance interest rates of 25% or more, the high cost of financial services for the micro and small entrepreneurs keeps them from growing their earnings enough to improve their families' standards of living. At the same time, financial institutions require individuals to make minimum deposits to participate in basic investment vehicles, like time deposits. This inhibits AVERAGE families in Indonesia from earning decent and secure returns. MEKAR’s Partners - existing Savings & Loan Cooperatives and Micro-Finance Institutions - are carefully selected by MEKAR and are a critical component in MEKAR’s business model. MEKAR’s Partners are assessed on several key factors, including management practices, social mission, borrower loan repayment performance and years of operation.

MEKAR’s Partners not only source proposals from

Register on www.mekar.biz Grow your Community, Securely and Confidently

MEKAR Exchange is an open platform that brings together creditworthy Entrepreneurs, trusted Partners and micro Lenders so that all can benefit financially.

trustworthy micro and small entrepreneurs but also secures the loans on behalf of the micro and small entrepreneurs. This, in turn, enables Individual Lenders to lend without worrying about losing their hard earned money. Furthermore, this allows low income working families to participate as Individual Lenders and to take pride in building of their communities, all while earning a decent and secure return. MEKAR also engages the participation of selected Institutional Lenders. These primarily have a social motive but they also expect decent returns. Institutional Lenders tend to fund several proposals at a time and are interested in change at the local community level. The MEKAR Exchange enables Institutional Lenders the to efficiently distribute their money to trustworthy entrepreneurs and to achieve a timely social impact.

The MEKAR Exchange brings all of these stakeholders together in a way that achieves the following:

Micro and small entrepreneurs get access to capital at

affordable rates.

Individual and Institutional Lenders that have both

social and financial objectives, can confidently and

securely invest in large or small amounts

(as low as 250,000 IDR).

A micro lending ecosystem that is open, secure, trusted

and transparent for all stakeholders, enabling them

to grow their communities together.

Lenders get a 100% guarantee of the principal on all

loans made through MEKAR's partners.

Lenders get a rate of return higher than that of the

average banks’ time deposit rate.

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MEKAR Exchange

MEKAR selects and engages a Partner to source proposals from Entrepreneurs

Lender reviews published and secured proposals, and commits fund to be loaned

MEKAR passes the loan funds to MEKAR's Partner, and MEKAR's Partner disburses &

monitors the loan on behalf of Lender

MEKAR's Partner collects repayment from the Entrepreneur based on the repayment schedule and transfers it to the Lender’s

account on www.mekar.biz

MEKAR’s Partner rates and selects the most trustworthy and high performing Entrepreneurs

MEKAR's Partner publishes proposals from selected Entrepreneurs on www.mekar.biz and

guarantees the repayment to Lender

Register on www.mekar.biz Grow your Community, Securely and Confidently

MEKAR Exchange is an open platform that brings together creditworthy Entrepreneurs, trusted Partners and micro Lenders so that all can benefit financially.

Partner Features Lender Features

How MEKAR Exchange Works

Registration and creation of Partner Account

Partner, Agent, Approver specific Dashboard

Partner Alert Notifications

Partner Portfolio

View and manage Borrower outstanding loans

View and manage Lender Outstanding loans

Collect payment function from Borrower

Re-Payment Function to Lender

Ability to create: Borrowers, Agents, Approvers users per Partner

Individual Partner Transaction history

Publish proposals (includes video and proposal overview)

Automatic generation of Re-Payment schedules

Registration and creation of

Individual Lender Account or

Institutional Lender Account

Lender specific Dashboard

Lender Alert Notifications

Lender Portfolio

Lender view their Loans

View Re-Payments History

View, sort and fund published proposals

Lender Transaction history

Deposit Funds

Withdrawal Funds

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LenderEntrepreneur MEKAR’S PartnerLegend: MEKAR P2P Platform

Register on www.mekar.biz Grow your Community, Securely and Confidently

MEKAR Exchange is an open platform that brings together creditworthy Entrepreneurs, trusted Partners and micro Lenders so that all can benefit financially.

About BMT Sanama

Coverage

Partner's Profile

Primary Demographic Served :

Youth Women Men All Creative Technologi Agriculture Services Others

Primary Sector Served : Number of Members :

<500 500-1000 1000-5000 >5000

Partners/Network

Astra Mitra VenturaMEKAR Entrepreneur Network

Products

Sanama Wadiah Sanama Mudharobah Sanama Terencana Deposito Sanama

Sanama Mudharobah Sanama Murabahah Sanama Hiwalah Sanama Ijarah

saving funding

CilakiCileunyi

GreaterBandung

KSU Sanama’s core business is Sharia Financial Services and Other Services. As a Cooperative it provides services to its member micro and small enterprises. Financing is provided following the Baitul Maal Wat Tamwil concept, wherein activities are given two distinct classifications. Baitul Tamwil activities are profit-oriented business developments and investments for the common good. While Baitul Maal are social and non-profit activities intended to assist the enterprises of the underprivileged. Vision To become a professional financial institution in establishing sharia-based micro and small enterprises.Mission To establish and develop sharia-based enterprises in order to improve the entrepreneurial efforts and abilities of Micro and Small Enterprises.To develop a sharia-based financial institution with the goal of contributing to employment expansion and improving public welfare.

Register on www.mekar.biz Grow your Community, Securely and Confidently

MEKAR Exchange is an open platform that brings together creditworthy Entrepreneurs, trusted Partners and micro Lenders so that all can benefit financially.

Incorporated as Koperasi Amartha Indonesia on 26 April 2010, Amartha Microfinance is a specialized microfinance institution that provides financial services to clients who are poorer and more vulnerable than traditional bank clients. It provides non-collateral soft loans for rural communities, based on mutual trust, accountability, participation and creativity. vision To become a nationwide MFI that provides affordable financial services and delivers high quality services to low-income people in a large outreach.Mission To empower low-income people in rural areas with affordable financial services, enabling them to pursue life for greater purposes.

About Amartha Microfinance

ProductsGroup Lending: Enhancing CommunityEngagementPersonal Savings: Building Assets for the FutureImpacts: Financial Services and ImprovingLocal Communities

Partners/NetworkCORDAID Gema PKM Grameen Foundation Indonesia MicrofinanceAssociation (IMA)

Micro Save Rabobank FoundationMEKAR Entrepreneur NetworkYayasan Peramu

Coverage

Primary Demographic Served :

Youth Women Men All Creative Technologi Agriculture Services Others

Primary Sector Served : Number of Members :

<500 500-1000 1000-5000 >5000

40 districts427 counties427 villages

GreaterBogor

Partner's Profile