Vestia is an indirect Peer to Peer (P2P) Lending platform you can access and use at anytime from your mobile phone. Vestia is a useful platform to lend loan for borrowers.
The main purpose of the Vestia P2P Lending service is to promote the micro business sector in Indonesia through information technology-based platform that helps lender to fund micro business owners to develop their business and improve their welfare. The loan is proposed by the registered micro business owners through Financial Services Institution subjected to applicable law in Indonesia.
The users of Vestia P2P Lending service will directly get various benefit, such as optimal profit for Lender, competitive loan interest for the Borrower, and alternative way to get cheap fund for the Micro Financial Institution. The users will also get indirect benefit from chances to fund the borrower in need through Loan Selection based on Lender preferences, wider loam financing opportunity starting from IDR 50,000.00, crowdfunding with other Lenders, and the chances to make use of varied technology and infrastructure as part of business development for Micro Financial Institution.
Vestia only accepts loan applications from Borrowers managed by Financial Services Institution (Lembaga Jasa Keuangan) who have cooperated and registered as Vestia Users. Borrower data is directly managed by Financial Services Institution from initial moment of loan application until the loan repayment.
As a Lender, you can place a particular amount of loan financing starting from IDR 50,000 (fifty thousand rupiahs) with a multiple of IDR 10,000 (ten thousand rupiahs) and maximum of IDR 2,000,000,000 (two billion rupiahs). The limitation of the maximum amount of loan financing mentioned above is the applicable provision of the Financial Services Authority (OJK) based on the written regulation of POJK No.077/POJK.01/2016.