Shenzhen Jujiao Electronics Co limited, otherwise known as Akulaku, is one of the largest providers of virtual credit cards in Southeast Asia. Their product will allow the users to make installment based purchases as the company is committed to providing virtual financing services to all the majority of Southeast Asia in which the traditional bank credit cards are a lot harder to go through. You can find out all about by heading over to the Akulaku official site, and everything is explained in simple, clear terms.
During the first three months of launching in Southeast Asia, the company had gone through a transaction volume of around 10 million RMB. And during the year 2017 Akulaku received over 10 million transactions which exceeded the amount of a total of 500 million dollars and it kept increasing every month by 800%. At the end of 2017, the app had already been registered by 10 million people and thus accumulated the much-rejoiced credit amount of around 800 million dollars. Akulaku has more than 2,000 employees with different offices in Shenzhen, Beijing, Indonesia, the Philippines, and Vietnam as well.
Recently in July 22nd Akulaku has restructured credit up to 47.3 billion Indonesian rupiahs. Akulaku co-finance Indonesia has recently restructured around 13876 debtors with a total value of 47.3 billion Rupaiya as mentioned. The president and director of Akulaku finance whose name is final signage recently said that the overall customer who submitted the relief reached around 36478 customers. even though not all the submissions have been approved because of the mismatch due to the criteria of the document and completeness.
The company has branched out into different directions from the financial services authority – also including the restructuring and the relaxation policies. The implementation of the policy can also be regarded as a process of updating the consumer data as mandated in the OJK regulation.
Everyone hopes that the policy can help the debtors who have been affected by the pandemic due to Corona or COVID-19. and other information that you have to be informed about is the company’s condition which is well maintained and the data that can meet the requirements of the company will get the relief. You might also want to take note that a lot of Indonesian so have been affected by the COVID-19 pandemic.
The company Akulaku can be referred to as an online credit service provider, which incidentally also carries out the credit restructuring policy that has directly been instructed by the government. The restructuring policy which was issued by the OJK from the financial Indonesian industry watchdog has one of the main objectives as the policy is restructured to ease the installment burden which is over the customers through financial institutions in Indonesia.
Hamdi is an OGOL partner and also a staff member of the package delivery logistics company. He has admitted that he was happy to receive relief from the relaxation of the credit restructuring company provided by Akulaku.
This was also followed by an intense push to run the different locked businesses during the COVID-19 pandemic, which is still in effect today. The employee also claimed that he got information about the loan relaxation from colleagues and through different notifications for the direct notification from the application that he acquired. He also included that during the pandemic they had to stop the intention which was supposed on the payment but it had already happened and that it was up to two months without any installment being paid. He also admitted to the fact that he has used Akulaku as an online credit service for a long time as this helps them to provide for his daily needs. He can easily apply for an unsecured loan, in Indonesian term “”, or sometimes referred to as personal loan. He also used Akulaku loans sometimes to help him with the business. He doesn’t even remember how many times he had applied for the credit at Akulaku.
While getting to know more about Akulaku during the year 2017 the employee was first trying all the things out until he finally concluded that he may benefit from the presence of digital credit platforms in his life more than what he was already trying. He found out about Akulaku from social media which was an initial trial and error as it turned out to be quite helpful and he continued using it. This helped him with his daily needs from 2017 to 18.