BOP BSS Micro Loan (IFC-40848)

  • Indonesia
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Loan Amount (USD)
$ 40.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Investment Amount (USD)
Not Disclosed
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Oct 10, 2022

Disclosed by Bank Jul 19, 2022

Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the bank's website, the project "consists of a 3-year secured senior loan facility/social bond for up to US$40 million in IDR equivalent; provided for PT Bank Sahabat Sampoerna (“BSS”, or the “Bank”) – under the “Base of the Pyramid Program” (“BOP Program”), part of Fast Track COVID-19 Facility. The BOP Program is designed to support lending to micro, small and medium enterprises (“MSMEs”) by financial institutions in emerging markets in response to the COVID-19 pandemic.The proceeds from the proposed secured senior loan facility/ social bond will be utilized by BSS to support lending to MSMEs, which are underserved and significantly impacted by COVID-19 pandemic. BSS is a private bank sponsored by the PT Sampoerna Strategic Group (“SSG”, the “Group”, or the “Sponsor”) which is a large conglomerate established by Sampoerna family in Indonesia. The Bank is controlled by SSG through PT Sampoerna Investama, which currently holds 64.24% stake in the Bank. The Bank has exhibited a strong and proven track record in the MSMEs segment, which constitutes more than 70% of the Bank’s loan portfolio through a network of 21 branches. To boost its business, BSS also developed a loan acquisition scheme whereby it partnered with its affiliated cooperative partner, Koperasi Simpan Pinjam Sahabat Mitra Sejati since 2011."                                                 

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

PT Bank Sahabat Sampoerna
(+6221) 5795 1234
Sampoerna Strategic Square, North Tower, Mezzanine Floor,Jl.Jend. Sudirman Kav. 45-46, Jakarta,1293



You can submit a request for information disclosure at:

If you believe that your request for information from IFC has been unreasonably denied, or that this Policy has been interpreted incorrectly, you can submit a complaint at the link above to IFC's Access to Information Policy Advisor, who reports directly to IFC's Executive Vice President.


The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at You can learn more about the CAO and how to file a complaint at

How it works

How it works