PT Indonusa Bara Sejahtera (Ovo Finansial) and PT Grab Teknologi Indonesia (Grab Indonesia) have distributed Rp6 trillion in funding to 445,000 MSME partners and driver partners across the Indonesian archipelago.

Since 2023, Ovo Finansial has launched the GrabModal program as a tailored financing solution for Grab partners, including MSMEs and drivers, to help them grow their businesses and meet their needs.

Around 30% of the Rp6 trillion funding has been allocated to areas outside Java, creating income opportunities for local communities.

Success Stories from Lombok and Labuan Bajo

One partner, Ziaulhaq, a former finance company employee, left his comfort zone to open a Nasi Kuning Daging Panjitilar business in Lombok in 2019.

“During the pandemic, I had to close my shop for three months, but I recovered with a better strategy. The turning point was the GrabModal program offering a 0% interest loan. This program helped me financially and gave me peace of mind to focus on growing my business,” Ziaulhaq shared in a statement to SWA.co.id on August 13, 2025.

He praised the GrabModal loan process as fast, simple, and straightforward, with repayments deducted directly from daily income, allowing him to focus on sales.

Another partner, Robertus from Labuan Bajo, runs Warung AA near the airport, serving locals and tourism workers.

“GrabModal helped me because the process was quick, taking 1-2 days, and simple without complicated requirements. I started with Rp600,000, and now my loan limit has increased to Rp16 million due to timely repayments. I used the funds for renovation, purchasing kitchen equipment, and hiring three local employees,” Robertus explained.

Features of the GrabModal Program

GrabModal offers a fast and easy application process through the GrabMerchant app without requiring physical collateral or complex procedures.

It provides high loan limits of up to Rp150 million and attractive promotions, allowing partners to manage their working capital flexibly.

The online system is particularly beneficial for those in smaller cities facing challenges accessing traditional financial services.

PHOTO: FREEPIK

This article was created with AI assistance.