The Economist: PNM Indonesia
Biggest female ultra-micro lender in the world
Since its beginning in 1999, PNM, or PT Permodalan Nasional Madani, has strived to serve Indonesia’s population by utilising their specialised skills and services for the greater good.
The local state-owned financial institution provides lending programmes, commercial coaching, and business support to underprivileged entrepreneurs who run small and medium-sized businesses.
Today, PNM is the largest micro-lending firm in the world and still focuses on providing financial and intellectual support to micro and ultra-micro businesses.
PNM’s most successful programmes target specific demographics, such as female business owners, and have inaugurated an invigorated era of women-led, ultra-micro entrepreneurs far and wide throughout Indonesia.
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