AVPN Global Conference 2023 | 20 - 22 June 2023

Days
Hrs
Mins
Secs

DANADidik: Peer-lending Platform for Indonesia’s Healthcare Students

DANADidik is a peer-lending platform, financing the education of healthcare students in Indonesia through student loans, granting them economic empowerment and better livelihoods.

By

DANAdidik

Click here to learn more about the Impact Organisation

This is member exclusive
content. Click here to unlock

Social causes

Beneficiaries

SDGs covered

Endorsed by

Transformational Business Network Asia Ltd

Market of Implementation

  • Indonesia

Problem

In Indonesia, around 19 million youth do not attend higher education. This is because the banks and financial institution offer limited student loan products. For those who are in higher education, c. 73% of parents do borrow from neighbor, family, and even loan sharks.


For the healthcare sector, this has resulted in Indonesia to having a high shortage of skilled healthcare personnel per 10,000 people according to WHO, way below its neighboring countries. This fund will allow more healthcare to graduate, especially in the context of tackling global pandemics, such as COVID-19.

Solution

Through DANADidik, we are launching the first revolving student loan fund for Indonesian nursing students, together with our sister organisation, Yayasan Dana Abadi Pelajar. The fund will be used to provide concessionary loans for healthcare students.


The goal of this project is to test innovative healthcare education financing approaches and build the case for scale and follow-on investments by a global network of impact investors.

Unlock this content

This is member exclusive content. Become an AVPN member and unlock more insightful content.

Deal Share - Contact

Hidden

Deal Share - Contact

Hidden