Dhanapala

Dhanapala brings together loan recipients such as Micro, Small and Medium Enterprises (MSMEs) as well as creditworthy individuals with lenders looking for alternatives for investment. Lenders can get more attractive returns compared to other investment products, and loan recipients can get loans that are easy, fast and without collateral.

Dhanapala focuses on providing venture capital loan products for MSMEs and funding through a peer-to-peer lending platform. With this, borrowers can develop their business with fast, easy and safe funding.

Dhanapala provides 2 types of loans, namely:

1. Periodic Loans (MSMEs)
- Minimum Loan Period: 3 months (90 days)
- Maximum loan repayment period: 3 months (90 days)
- Provisions: Loan requirements for MSMEs
- Loan amount: IDR 2 million - IDR 200 million
- Admin fees: 0.99% of the loan amount, a minimum of IDR 99 thousand
- Interest rate: 1.5 - 2.2% flat per month
- Maximum annual interest rate (APR): 26.4%

2. Individual Loans
- Minimum Loan Period: 3 months (90 days)
- Maximum loan repayment period: 3 months (90 days)
- Provisions: Loan needs for personal (personal)
- Loan amount: IDR 2 million - IDR 5 million
- Admin fees: 0.99% of the loan amount, a minimum of IDR 99 thousand
- Interest rate: 2 - 2.99% flat per month
- Maximum annual interest rate (APR): 35.88%

Loan simulation example:
Loan IDR 2,000,000, tenor 3 months, interest 2.2% per month, admin fee IDR 99,000.
Funds are disbursed to the borrower's account (Loan minus admin fees): IDR 1,901,000
Installments per month: IDR 710,667/month.
Total paid (including interest): IDR 2,132,001.

How to Submit:
The registration and application process is very easy. You only need to prepare your KTP and photo of yourself, account number, NPWP (optional), and savings book (optional).

With the Provider's application, funding for Micro, Small and Medium Enterprises can increase which can accelerate economic growth in Indonesia. In addition, the Operator's application can also answer the government's needs in increasing financial inclusion and literacy in Indonesia.

Dhanapala (PT Spirit of Gotong Royong) has a license from the Financial Services Authority (OJK) as a company providing information technology-based money lending services with a Licensed Certificate Number KEP-50/D.05/2021, so Dhanapala's business activities are carried out under OJK supervision based on the Financial Services Authority Regulation Number 77/POJK.01/2016.