Fintech Lending to Productive Sector Falls Short of OJK's 50% Target

Current State of Fintech Lending in Indonesia

The Financial Services Authority (OJK) has released data showing that the proportion of fintech lending to the productive sector has decreased. As of November 2025, this sector accounted for 32.91% of the total outstanding industry value, down from 34.48% in September 2025.

Implications of the Decline

This decline suggests that the OJK's target of allocating 50% of fintech lending to the productive sector may be challenging to achieve. The productive sector includes activities such as agriculture, industry, and services, which are crucial for economic growth and development.

Reasons Behind the Decline

Several factors could be contributing to the decline in fintech lending to the productive sector. These may include a lack of awareness among borrowers about the benefits of productive sector financing, limited access to financing options for small and medium-sized enterprises (SMEs), and the need for more innovative and tailored financial products to support the productive sector.

Way Forward

To address the decline and work towards achieving the 50% target, the OJK and fintech lenders may need to implement strategies to increase awareness and access to financing for the productive sector. This could involve collaborating with industry associations, providing educational programs for borrowers, and developing more suitable financial products for SMEs and other productive sector entities.