“BerInvestasi Dalam Usaha Untuk Kemajuan”
Investing in Business for Progress
BIDUK is a prototype financial intermediary using flexible, commercially priced, debt products that incredibly well suited to meet the needs of SMEs in Indonesia (and throughout Southeast Asia). The entire BIDUK concept is built around a gender lens and utilizing a blended finance model.
With a small team in Indonesia, we have also partnered with Instellar, a reputable, Indonesian service provider in investment transaction and capacity building support in the social enterprise sector.
BIDUK is proudly part of two larger networks of DFAT funded programs: Scaling Frontier Innovations (SFI) and Investing In Women (IW). Read more at Frontier Brokers
Athena Global Alliance, (Athena) is a US-based, woman owned, decade old, niche consulting firm aimed at applying private sector financing approaches to solve traditional development challenges. Athena is the implementing partner for BIDUK which was launched in March of 2019.
The BIDUK approach to SME financing illustrates that flexible, yet simple, structures and repayment mechanisms can reduce onerous due diligence and deal execution, thereby lowering transaction costs, which are often a barrier to smaller investments. Importantly, BIDUK products and processes are designed to eliminate intentional or unintentional gender (or other) bias, as thoroughly as possible.
We understand that solving the financing gap goes beyond providing capital. As more than strictly a financier to our clients, BIDUK strives to make active connections between various actors and stakeholders in the market, to develop relationships that realize blended capital solutions.