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Financing: Indo's Higher Education Bottleneck with Naga Tan of ErudiFi
Manage episode 343605689 series 3382192
Content provided by Alan Hellawell. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Alan Hellawell or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://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.
136 episodes
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Manage episode 343605689 series 3382192
Content provided by Alan Hellawell. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Alan Hellawell or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://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.
136 episodes
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Show notes are at https://stevelitchfield.com/sshow/chat.html
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continue reading
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continue reading
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…
continue reading
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