Portfolio Partner Profile

Accial Capital

Accial Capital is an impact-focused, tech-enabled investor working to reduce the emerging market credit gap by providing small business lenders with capital, technical assistance, and data expertise. Driven by the belief that widespread financial health fundamentally supports human well-being, Accial Capital develops financial products that provide lower and middle-income borrowers with greater opportunity to achieve financial resilience.

Our loan to Accial Capital will support Micro, Small, and Medium Enterprises (MSMEs) in Latin America and Southeast Asia by providing credit access to a range of diverse and technology-forward alternative lenders. This financing will allow local lenders and MSMEs to continue providing for their communities and help spread financial wellness to low- and middle-income individuals in emerging markets. With this investment in fintech lenders, Accial Capital aims to reduce poverty, support gender equality, and provide affordable clean energy to undermarketed communities while promoting employment and economic growth across the wider regions.

By applying GIIN’s widely accepted IRIS+ indicators – which are formally mapped to progress toward the United Nations Sustainable Development Goals (SDGs) – Accial Capital actively engages in robust impact management and measurement practices and has developed its own Impact Framework. Organized into four sections – vision, focus, responsible lending framework and covenants & measurement – the Accial Capital Impact Framework is designed to maximize investments’ positive social impact and is continuously updated with new information and practices as the field evolves.

Featured Impact Story

Impact Story

Helping education small businesses grow

Background: Simha Duta is an education focused small business in Indonesia founded in 2018 and led by Yoshua Duta Budi Pragiwaksa. Yoshua started providing school facilities and infrastructure to help meet the education needs in Indonesia. Over time, the business expanded to offering digital learning equipment, stationery, and building rehabilitation to schools in the Jember and Banyuwangi areas of East Java.

The Challenge: According to Yoshua, the main challenge in running an education-focused small business is access to working capital. There is a timing mismatch in terms of the provision of goods and services and payment; working capital can help to smooth out cash flows.

The Solution: Simha Duta first applied for financing at Pintek, a fintech platform financed by Accial, in 2021 to access capital to expand the business. With increased access to capital, Yoshua has been able to improve his set of suppliers and access to quality inputs. With better inputs, he can lower his pricing to schools while generating more profits. Since working with Pintek, revenues are up over 100 percent. Today, Yoshua says he doesn’t worry about access to finance anymore, allowing him to focus on his business and deliver orders to schools on time.