Julo Online KTA Service Expands To Ambon, Gorontalo and Tarakan

The online KTA (Unsecured Credit) service provider company Julo has officially expanded its service range. The new areas include the cities of Ambon, Gorontalo, and Tarakan. These three new cities are part of Julo's plan to be present evenly throughout Indonesia.

"We started with big cities because internet penetration in big cities is much higher, but in the future Julo will also reach Indonesia as a whole," said Head of Product Julo Kenneth Kou.

So far, Julo's loan services can be accessed in several cities in Indonesia. For the island of Java, Julo is already present in Greater Jakarta, Bandung, Surabaya, Malang, and Yogyakarta. Meanwhile, for areas outside Java, Julo is already present in Medan, Deli Serang, Riau Islands, East Kalimantan, Manado, Bali, Gorontalo, Tarakan and Ambon.

Presented by party July, their expansion this time in addition to trying to help more borrowers in various cities, is also expected to support the target of the Financial Services Authority (OJK) to increase financial inclusion, especially outside Java.

Julo under the auspices of PT Julo Teknologi Indonesia has been included in the list of official financial technology providers belonging to the OJK. Julo is also supported a number of investor such as East Ventures, Skystar Capital, Convergence Ventures, and a number of angel investors.

Julo is a service that offers unsecured loans with limits ranging from IDR 500.000 to IDR 5.000.000. The interest offered ranges from 3-4%.

As a service KTA online, Julo also offers several other loan products, such as Julo Cicil which is a loan product with a limit of IDR 2.000.000 to IDR 8.000.000 with a repayment duration ranging from 3 to 6 months and an interest rate of 4% per month. There is also Julo Mini, an unsecured loan product with a maximum loan of IDR 1.000.000 with an interest rate of up to 10% per month.