Exchanging Experiences, Expanding Opportunities

Avoiding Loan Sharks, Women in Indonesia Access Micro-Loans and Business Skills Training

File Created On:
April, 2014

Source: Five Talents

We often take our access to ATMs, neighborhood banks and credit cards for granted. For a majority of the world's poor, however, convenient, low-cost financial services are simply out of reach.

Such is the case for women and men living in slum communities outside of Jakarta, Indonesia.

Until Five Talents and our partner organization, The Gerhati Foundation, began working outside of Jakarta, micro-entrepreneurs' only option for borrowing money was often through loan sharks that charge exorbitant interest rates.

This video explains how Five Talents' programs give women access to micro-business loans, business skills training and mentoring.

Since the program's start in 2005, Five Talents and The Gerhati Foundation have served more than 10,000 people.

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