Company Background
LOLC Ventura Indonesia is a licensed venture capital company supervised by the Financial Services Authority (OJK), Republic of Indonesia. The controlling shareholder of LOLC Ventura is recognized as LOLC ASIA PVT LTD (Singapore), a subsidiary of LOLC Holdings – one of the largest financial conglomerates.
Established in 1994, PT. LOLC Ventura Indonesia (previously known as PT. Sarana Sumut Ventura) was domiciled in Medan, North Sumatra Province. The early establishment of the company was initiated by PT. Bahana Artha Ventura – a subsidiary of PT. Bahana Pembina Usaha Indonesia (Persero) and was supported by few local banks and entrepreneurs. During that time, the company provide financing for the business sector, particularly small and medium enterprises (SMEs).
In the year 2017, LOLC made the initial investment to acquire the company and commenced business operations in 2018, under the MSME segment. LOLC Asia Private Limited, a holding subsidiary of the LOLC Group, has received approval to acquire PT Sarana Sumut Ventura (with an 84.2% ownership stake) and change its name to PT LOLC Ventura Indonesia. The LOLC Group is the world’s largest multi-currency and multi-geographic microfinance service provider, and currently, the LOLC Group has investments in Cambodia, Myanmar, Pakistan, the Philippines, the Maldives, the UAE, Mauritius, as well as several other footprints across the African and Central Asian regions.
Currently, LOLC Ventura Indonesia has expanded its business operations to Banten, Cirebon and Bandung regions, with 61 locations across North Sumatra and Java Island. Since changing our name to PT LOLC Ventura Indonesia and developing to where we are today, we continue to grow and adapt to market needs and demands, specifically for Micro, Small, and Medium Enterprises (MSMEs) in Indonesia with a variety of products, while continuously expanding to become a financing solution provider with an increasingly broader reach for the people of Indonesia. The target market comprises of various skilled entrepreneurs, which in turn will contribute towards the development of Indonesian economy.
COMPANY TIMELINE
Phase 1: The Foundation (1994–2016)
- 1994 | Establishing Roots
Founded as the pioneer Venture Capital firm in North Sumatra, marking the beginning of our commitment to regional economic development.
- 1996 | Launching Operations
Officially commenced business operations to serve local enterprises.
- 1997 | Strengthening Capacity
Secured a strategic JEXIM loan of Rp 50 billion, significantly bolstering our financial operational capacity.
- 2007 | Our Medan Headquarters
Established our dedicated corporate building in Medan, solidifying our presence and stability in the region
Phase 2: The Transformation (2017–2021)
- 2017 | Global Integration
LOLC Group made a major strategic investment, introducing world-class micro-lending expertise to our portfolio. We launched our dedicated micro-lending services, starting in Medan, to empower entrepreneurs at the base of the socioeconomic pyramid.
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- 2018 | Entering the Java Market
Initiated our national expansion, entering the Java region, beginning with operations in Tangerang.
- 2019 | Accelerated Scaling
Rapidly expanded our footprint across Banten, Bandung, and Cirebon, successfully establishing 19 new branches.
- 2021 | A New Identity
Rebranded as PT LOLC Ventura Indonesia following the acquisition of major direct ownership by LOLC Asia Private Limited and receiving full authorization from the Financial Services Authority (OJK).
Phase 3: Scaling Excellence (2023–Present)
- 2023 | Portfolio Diversification
Enhanced our financing solutions by introducing products secured by SHM (Land/Building) collateral.
- 2024 | Scaling Our Hub
Relocated to a new, state-of-the-art Head Office to accommodate our growing workforce and support rapid organizational growth.
- 2025 | Financial Flexibility
Expanded our product suite by launching financing solutions secured by BPKB (Vehicle) collateral.
- 2026 | Jakarta Expansion
Achieved a major milestone by expanding our operations into the Jakarta market, further scaling our reach to support Indonesian entrepreneurs nationwide.
