Indo Digital FI (IFC-600401)

  • Indonesia
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
Bank Risk Rating
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Jul 9, 2014
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 3.10 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 3.10 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS May 7, 2020

Disclosed by Bank Oct 3, 2014

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Project Description

The project will promote the adoption of digital payments by small retailers in Indonesia, through the following aspects:

(i) Supporting the development of guidelines on standards and practices for expanding Business-to-Business (B2B) payment services

to small retailers;
(ii) Assisting one or more banks or non-bank payment providers to design, implement and review their B2B payment and acceptance services, helping them directly extend new mobile linked accounts or e-money services to small retailers; and
(iii) Expanding cost-effective inventory financing to small retailers through the design of cost-effective credit scoring and management tools using supplier and/or retailer transaction data, and the development of a retail distribution finance product
for retailers
or distributors.

People Affected By This Project

The Indonesia Digital Financial Inclusion Advisory Project aims to accelerate the integration of small traditional retailers into emerging supply chain payment and financing networks in Indonesia. By gaining access to financing, digital payment and management solutions, the retailers will be enabled to grow their business and employ additional staff. Through frequent interaction with their consumers, traditional retailers can also help shift consumer behavior and encourage broader usage of electronic payments.

Investment Description
  • International Finance Corporation (IFC)
Contact Information


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