IDN Financials's video: Modalku in selective disbursing loans

JAKARTA - Modalku, a financial technology platform, is being selective in disbursing loans due to the economic condition during the COVID-19. Reynold Irsian Wijaya, Chief Executive Officer (CEO) of Modalku, said for unwillingly to be in massivelydisbursing loans to customers to maintain profitability. " We have to be wise; when we need to fight andwhen we need to be careful, "he said. According to him, the total of loan distribution is already around IDR 40 trillion for five countries in Southeast Asia in this fourth quarter of 2022. Particularly in Indonesia, loan disbursement has already reached IDR 7 trillion. "This figure has not grown too much compared to the previous year, this year we need to be wise, "he said. -economic