Page 7 - 3. SKI_ MI_ KELAS_III_KSKK_2020_Kamimadrasah

QRFM
12,4 No. Fintech startups Sector financed Website
1 Danasyariah Property and Sukuk ( Islamic bond) General http://danasyariah.id
2 Investree P2P lending www.investree.id/
3 Danakoo General P2P lending www.danakoo.id
4 Ammana SMEs https://ammana.id
5 Vestia SMEs https://web.vestia.co.id/
360 6 KapitalBoost SMEs https://kapitalboost.com/
7 Crowde Agriculture www.crowde.co
8 TaniFund Agriculture https://tanifund.com/
9 iGrow Agriculture https://igrow.asia/
Table II. 10 DANAdidik Education https://danadidik.id/
Islamic fi ntech P2P 11 DanaBagus Education https://danabagus.id/
lending registered in
OJK Source: Prepared by Author; the search was done in the duration of February to April 2019

4. Discussion of fi ndings
The fi ndings from reviewing the existing literature by no means represent positivist evidence to claim that the
selected fi rms truly implement the SDGs. However, the most prominent result to emerge from reviewing so is
that the fresh insight into their recent
fi nancing activities, their position in providing fi nancial services for the underdeveloped sector such as SMEs and
agriculture, and the information from the stakeholders, have been documented systematically. To some degree,
these fi ndings may best represent qualitative evidence about the fi rms ’ efforts in promoting some of the SDGs.
From this point, discussing the present fi ndings into Indonesia ’ s recent performance in SDGs may be rational.

4.1 Funding the underdeveloped sector
The SGDs has set its fi rst aim at zero poverty. The poor people who are currently measured as those who are
living on less than US$1.25 a day are ensured to have equal rights to economic resources and to get essential
services including fi nancial services in 2030 ( United Nations, 2018 ).

In Indonesia, poverty highly occurs in the rural area, which reached to almost 13.5 per cent as of September 2017
report ( Statistics Indonesia, 2018 ). Of the poverty classi fi cation based on the household occupation, the farming family
took the highest percentage of poverty rate by almost 50 per cent as Statistics Indonesia reported in March 2017 ( Indonesia,
2017 ). With the current development of fi ntech P2P lending in Indonesia has been fi nancing agriculture sector; to some
extent, thismay represent their supports in implementing the SDGs of poverty alleviation.
Even there was no information been disclosed by the sampled fi rms mentioning their efforts directly in
promoting the SDGs, yet several insights from their customers revealed in the website could evidence the sample
in encouraging so. For example, Mr Ipit who has been funded by Crowde claimed to be pro fi ted fi nancially. In that,
he has rewarded a motorcycle of being a loyal customer of a farm shop. The bike has then facilitated him easily to
go to the city centre, which led him further an entrepreneurial opportunity to operate his own farm shop in his
hometown. With his shop, other local farmers have then affordable access to buy fertiliser and other agriculture
supplies ( CROWDE, 2018 ). In like manner, Mr Suherman and Mr Anam who are local farmers fi nanced by
TaniFund claimed of not only being advantaged commercially but also have been able to upgrade their farming
skills with modern technology as they are trained by TaniFund ’ s team ( TaniFund, 2018 ). These points, to some
degree, represent an authentic insight which can help us understand in what way the sampled fi rms have been
bene fi ting the underdeveloped sector.