Financial Services - , Daerah Khusus Ibukota Jakarta, Indonesia
More than 100M Indonesians are marginalized by formal lending institutions, exploited by loan sharks, or do not have valuable possessions to be collateralized or pawned. JULO extends affordable credit to this excluded segment by utilizing state-of-the-art technologies. The entire lending process is done via smartphone for user convenience, to maximize penetration nationwide, and to enable use of rich data for verification and risk assessment purposes.