Investment funds in local SMEs - transaction - FS Capital - Indonesia
Funding Societies (FS) is a digital Non-Bank Financial Institution, established in 2015, that leverages financial technology to provide credit products to SMEs who otherwise lack access to financial products. Through DGGF’s support, the loan facility is expected to support 60 Indonesian SMEs and is earmarked for on-lending to young entrepreneurs (<35 years old). DGGF will provide a loan to FS Capital of EUR 3 million.