Bank Andara
BankingJakarta, Indonesia51-200 Employees
Bank Andara is a licensed commercial bank based in Jakarta, Indonesia, that provides financing instruments and technology-enabled products designed to support microfinance institutions. It partners with about 800 MFIs to supply affordable, long-term capital that helps these lenders sustain growth and extend services to their clients across the country, reaching about 1.2 million people. Through this model, the bank aims to improve the efficiency and reach of banking products for low-income people, contributing to sustainable financial inclusion. Founded in 2009 by shareholders including Mercy Corps, the International Finance Corporation, KfW, HTF, DWM, and I Wayan Gatha, Bank Andara was created to develop Indonesia's microeconomic sector. Its mission is to expand access to a broad range of financial services through both financial and non-financial channels in a sustainable and accountable manner.