{"id":1079,"date":"2021-07-13T07:51:45","date_gmt":"2021-07-13T07:51:45","guid":{"rendered":"https:\/\/www.sagaratechnology.com\/blog\/?p=1079"},"modified":"2023-04-11T03:42:59","modified_gmt":"2023-04-11T03:42:59","slug":"two-types-of-p2p-lending-in-indonesia","status":"publish","type":"post","link":"https:\/\/sagaratechnology.com\/blog\/two-types-of-p2p-lending-in-indonesia\/","title":{"rendered":"Two Types of P2P Lending in Indonesia"},"content":{"rendered":"\n<p>When it comes to types of <a href=\"https:\/\/sagaratechnology.medium.com\/sagara-fintech-roundtable-indonesia-goes-all-about-digitalization-the-role-of-p2p-lending-on-the-df56ada9e54f\" target=\"_blank\" rel=\"noreferrer noopener\">P2P lending<\/a>, every website advertises itself so that it looks different from its competitors. For example, Crowde always associates itself with &#8216;helping Indonesian farmers&#8217;, Mekar always associates itself with &#8216;supporting Indonesian women&#8217;, or Ammana whose identity is very closely related to &#8216;Sharia lending&#8217;.<\/p>\n\n\n\n<p>This article is an additional supplement to understand the business model of P2P lending websites in Indonesia and other countries, which are actually only divided into two major groups: the Shared Economy and the Consumptive Economy.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_76 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69fb2a768c2ae\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69fb2a768c2ae\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/sagaratechnology.com\/blog\/two-types-of-p2p-lending-in-indonesia\/#Shared_Economic_Model\" >Shared Economic Model<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/sagaratechnology.com\/blog\/two-types-of-p2p-lending-in-indonesia\/#The_advantages_of_this_model_is\" >The advantages of this model is:<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/sagaratechnology.com\/blog\/two-types-of-p2p-lending-in-indonesia\/#Consumptive_Economic_Model\" >Consumptive Economic Model<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/sagaratechnology.com\/blog\/two-types-of-p2p-lending-in-indonesia\/#The_advantages_of_this_model_is-2\" >The advantages of this model is:<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/sagaratechnology.com\/blog\/two-types-of-p2p-lending-in-indonesia\/#So_Which_is_Better\" >So, Which is Better?<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Shared_Economic_Model\"><\/span><strong>Shared Economic Model<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Examples of websites: Modalku, Koinworks, Investree<\/p>\n\n\n\n<p>The shared economy model is more common in Indonesia. Where capital from investors is used to fund borrower activities related to business activities.<\/p>\n\n\n\n<h3><span class=\"ez-toc-section\" id=\"The_advantages_of_this_model_is\"><\/span>The advantages of this model is:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Transparent: You choose who you want to fund, what business, and what activities. Almost all <a href=\"https:\/\/www.sagaratechnology.com\/en\">websites<\/a> of this model provide fairly clear information about the loan that you will fund. Koinworks even provides financial data from the borrower for your consideration.<br><\/p>\n\n\n\n<p>There is a social value: By investing in this lending model. You can be a little proud because it indirectly helps the country&#8217;s economic development. <\/p>\n\n\n\n<p>Because all the loans are related to business activities carried out in Indonesia (except Modalku, which has loans outside Indonesia).<br><\/p>\n\n\n\n<p>Many options: If you have a concern for the Indonesian agriculture sector, you can choose to only fund agricultural lending such as Crowde. Education? Many are also available on KoinWorks. SMEs? Moreover. <\/p>\n\n\n\n<p>Whatever industry you want to support, you can choose freely.<br><\/p>\n\n\n\n<p>But there are also drawbacks to this Shared Economy model:<\/p>\n\n\n\n<p>Liquidity tends to be slow because you have to wait for the loan you choose to be fully funded. For example, the loan is worth 50 million, you only fund 5 million, then it still takes 45 million before the loan runs. If the loan has not run, then your money has no interest and cannot be withdrawn. This is what I call &#8220;dead money&#8221; \u2013 it can&#8217;t be used, it doesn&#8217;t pay interest either.<br><\/p>\n\n\n\n<p>It is difficult to diversify if you do not know the basics of investing. There is quite a lot of information that needs to be processed in a lending model like this, such as tenor, interest, loan nominal, lump-sum loan installments or not, and what the loan will be used for. As a result, beginners will find it difficult with this lending model.<\/p>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"Consumptive_Economic_Model\"><\/span><strong>Consumptive Economic Model<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Examples of websites: Kreditpintar, Asetku, Rupiahplus, Easycash<\/p>\n\n\n\n<p>The second model offered by lending websites in Indonesia is in the form of a consumptive economy \u2013 a term that I coined although it is not entirely correct. This model is still rarely used in Indonesia and very common in China.<\/p>\n\n\n\n<p>In this model, your money is spread along with other investors&#8217; money to fund personal loans from many people at once. Usually, the ones who spread this money are robots (artificial intelligence). The robot also analyzes the risk of borrowers. The loans that are funded vary from buying pulses to car installments.<\/p>\n\n\n\n<h3><span class=\"ez-toc-section\" id=\"The_advantages_of_this_model_is-2\"><\/span>The advantages of this model is:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Liquidity is very fast because your funds are &#8220;matched&#8221; automatically to various borrowers instantly at any time without the need to wait for new loans to appear or wait for the loan value to be met.<br><\/p>\n\n\n\n<p>Interest tends to be higher because personal loans do have a higher interest rate than corporate loans (although the risk is higher too).<br><\/p>\n\n\n\n<p>Simple. We don&#8217;t need to choose a product that fits your criteria. You just need to choose a tenor without worrying about a lot of other information.<br><br>While the disadvantages are:<\/p>\n\n\n\n<p>You support unhealthy consumption. The money is borrowed for &#8216;non-essential&#8217; purposes \u2013 eating luxury, buying credit, buying luxury goods, and so on. There is no pride because you do not contribute to the country&#8217;s economy.<br><\/p>\n\n\n\n<p>You don&#8217;t know what money is used for. Because the website automatically distributes the funds without providing information to the borrower.<\/p>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"So_Which_is_Better\"><\/span>So, Which is Better?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Both are good, depending on what you invest in lending for. If you want the highest profit, then it is more suitable to accumulate funds on a website such as Assetku, which currently offers the highest interest plus 100% capital protection.<\/p>\n\n\n\n<p>However, if you invest also to have a social impact, maybe you can choose a website that supports MSMEs such as Amartha, agricultural supporters such as iGrow, or Investree.<\/p>\n\n\n\n<p>Read more\u00a0<a href=\"https:\/\/sagaratechnology.com\/blog\/\" target=\"_blank\" rel=\"noreferrer noopener\">Sagara\u2019s article here.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>When it comes to types of P2P lending, every website advertises itself so that it looks different from its competitors. For example, Crowde always associates itself with &#8216;helping Indonesian farmers&#8217;, Mekar always associates itself with &#8216;supporting Indonesian women&#8217;, or Ammana whose identity is very closely related to &#8216;Sharia lending&#8217;. This article is an additional supplement&#8230;<\/p>\n","protected":false},"author":14,"featured_media":1080,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[123,128],"tags":[112,122],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Two Types of P2P Lending in Indonesia - Sagara Asia Blog<\/title>\n<meta name=\"description\" content=\"This article is an additional supplement to understand the business model of P2P lending websites in Indonesia and other countries.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sagaratechnology.com\/blog\/two-types-of-p2p-lending-in-indonesia\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Two Types of P2P Lending in Indonesia - 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