Shariah compliant peer-to-peer lender ALAMI and Impact Credit Solutions (ICS) have partnered to offer a US$20 million credit facility to finance hospitals, clinics, pharmacies and other participants in Indonesia’s healthcare supply chain.
The facility is part of the Indonesian Resilience Fund, managed by ICS and supported by the US International Development Finance Corporation, the US Agency for International Development and the Australian Government Department of Foreign Affairs and Trade
“We have focused on healthcare to help Indonesia get through this pandemic. ICS’s embedded lending solution enables us to launch digital loan products that still meet our borrowers’ Shariah needs. Together, we can disburse funds quickly and affordably to this key sector,” said Dima Djani, the co-founder and CEO of ALAMI.