Indonesia’s consumer loan companies are in a bit of a soup. After the onset of Covid-19, they’re facing a higher-than-usual amount of payment delays and defaults. Up to 9 million people are expected expected The Jakarta Post Up to 9 million people to fall into poverty, unemployment as COVID-19 hits Read more to lose their jobs and potentially fall into poverty in Indonesia as a result of the pandemic. Understandably, repaying debt is no one’s top priority right now.

AUTHOR

Nadine Freischlad

Nadine is based in Jakarta. She likes stories that capture the impact of digital transformation in Indonesia, with a special fondness for "clicks and bricks" businesses and platform economics. Previous stints with Tech In Asia, KrASIA, bylines in VICE, SCMP, CNN.

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