Description: INDONESIA LOAN 2024
finance (9313) mortgage (5326) banking (2180) indonesia (1886) loan (1813) credit (1613) crowdfunding (1241) account (836) halal (541) consumer loan (9)
In Indonesia, a loan in 2023 is defined as a credit facility granted by an Indonesian bank or a foreign bank based in Indonesia or by an Indonesian loan broker for the benefit of an Indonesian individual borrower or an Indonesian company in order to meet its cash flow needs.
In Indonesia, the loan aims to satisfy the cash needs of an Indonesian person or an Indonesian entrepreneur who want to use funds to finance their respective projects and then repay the money to the lender as agreed within a loan agreement.
In Indonesia, lending can be obtained either by going through an Indonesian bank in order to access a traditional loan, or by going through specialized Indonesian financial institutions and using new financing alternatives such as microcredit or crowdfunding.