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Financing: Indo's Higher Education Bottleneck with Naga Tan of ErudiFi

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Manage episode 343605689 series 3382192
Kandungan disediakan oleh Alan Hellawell. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh Alan Hellawell atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.

Naga Tan, Co-Founder & CEO of ErudiFi, joins Indo Tekno to discuss solutions to Indonesia's extraordinarily depressed tertiary enrolment rates (~36%), one of the lowest in the region (eg: Thailand 60%, Singapore 90%). ErudiFi leverages alternative data to extend education financing in markets such as Indo and the Philippines (collective TAM of USD5b), in order to help increase enrolment and accelerate industry growth. Cash/informal loans often carry high interest rates while school internal instalment plans are limited. ErudiFi offers 0%-1.5% monthly interest rates, usually grants approvals within a day, and offers students a more generous tenor of 6-24 months. The platform seeks to fund over 300,000 Indonesian students by 2024.

  continue reading

136 episod

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iconKongsi
 
Manage episode 343605689 series 3382192
Kandungan disediakan oleh Alan Hellawell. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh Alan Hellawell atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.

Naga Tan, Co-Founder & CEO of ErudiFi, joins Indo Tekno to discuss solutions to Indonesia's extraordinarily depressed tertiary enrolment rates (~36%), one of the lowest in the region (eg: Thailand 60%, Singapore 90%). ErudiFi leverages alternative data to extend education financing in markets such as Indo and the Philippines (collective TAM of USD5b), in order to help increase enrolment and accelerate industry growth. Cash/informal loans often carry high interest rates while school internal instalment plans are limited. ErudiFi offers 0%-1.5% monthly interest rates, usually grants approvals within a day, and offers students a more generous tenor of 6-24 months. The platform seeks to fund over 300,000 Indonesian students by 2024.

  continue reading

136 episod

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