Background and Company History

Home Background and Company History

PT LOLC Ventura Indonesia

PT Sarana Sumut Ventura was established in 1994, provided a funding for business sectors, especially for small and medium enterprises (SMEs) sector in North Sumatra Province. LOLC Asia Private Limited, a sub holding company of LOLC Group was approved to acquire PT. Sarana Sumut Ventura (84.2%stake), and change the name to become PT LOLC Ventura Indonesia.  LOLC Group is the world’s largest multi-currency, multi-geographic micro finance service provider and presently LOLC group holds investments in Cambodia, Myanmar, Pakistan, Philippines, Maldives, UAE, Mauritius and few more foot prints in African and Central Asia regions.

COMPANY TIMELINE

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HIstory - LOLC Ventura Indonesia

1994 - Establishment of Company

Established as the first Venture Capital Company in North Sumatera

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History - LOLC Ventura Indonesia

1996 - 2007

1996  Commenced Business Operation

1997  SSV was granted Jexim loan Rp. 50Bn

2007  Moved in to It’s own building in Medan

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History - LOLC Ventura Indonesia

2017 - LOLC Investment

LOLC investment to the company has made another milestone and Micro lending was commenced with the expertise of LOLC since Dec -2017.

The Company’s main focus is to serve entrepreneurs and families at the base of the socioeconomic pyramid with economic opportunities to transform the quality of their lives and deliver tangible benefits.

Visit LOLC Holdings PLC

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Head Office - LOLC Ventura Indonesia

2018 - Expaned in to Java Region

The first to be opened was the Tangerang Branch.

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LOLC Ventura Indonesia

2021 - Changes Company Name

In 2021, LOLC Asia Private Limited was successfully own direct major ownership and company name was changed as LOLC Ventura Indonesia with blessings of Regulator (OJK).

The journey was started with one branch in Medan, North Sumatra Region in 2017  and by now LOLC Ventura Indonesia provides its uninterrupted service to more than active 75,000 Indonesians through 30 branches in Sumatra as well as Java regions.

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For more detailed information, please contact us at this number.

Call (021) – 5316 9317