Impact Credit Solutions (“ICS”) enables small business lending in South East Asia by providing lending technology, credit analytics and/or funding structures.
ICS enables financial service providers to lend to SMEs by providing lending technology, credit analytics and/or funding structures to bridge technology gaps and mitigate risk. ICS promotes financial inclusion by ensuring loans can be offered to small businesses that are affordable for borrowers and attractive for lenders. They have been active in Indonesia for the last two years, working closely with a leading local bank and the rest of the financial ecosystem. The team is roughly 50% technology and 25% credit analytics representing their commitment to bring solutions based on technology.
ICS develops dedicated lending programs with financial service providers that focus on various impact themes, such as healthcare, gender equity, food security and climate change. They also apply gender lens investing (GLI) as a strategy across all their programs. This means ICS work with financial service providers that have a diverse leadership team/workforce and/or promote products that benefit the needs of women and girls. Two examples of the impact-themed lending programs are: