Indonesia
Loan collection software for Indonesian microbusiness lenders
Traders and household enterprises in Indonesia may repay daily, weekly or monthly. Vasool Raja can be set up for an Indonesian company so every loan and payment is recorded in rupiah on Jakarta time, with clear collector accountability.
Company setup for Indonesia
A company set up for Indonesia uses IDR (shown as Rp), the Asia/Jakarta time zone and the +62 calling code. Local business dates mean the collection day follows Indonesian time.
The app interface is available in English, Hindi and Tamil. There is no Bahasa Indonesia interface at present, so teams will usually work in English.
Large numbers need careful records
Rupiah amounts are numerically large, which makes handwritten shorthand risky. A missing zero is a real loss. Recording each payment against the loan in the app keeps principal, interest, fees and the outstanding balance explicit instead of relying on notes.
- Principal, interest and penalties tracked separately
- Every payment tied to a collector and a payment mode
- Daily closing tally of cash plus bank balance
Many channels, different rules
Indonesia’s small-credit landscape includes cooperatives, rural banks, licensed microfinance institutions, banks, finance companies and technology platforms. OJK (the Financial Services Authority) supervises microfinance institutions and many other providers, and continues to update its rules on MSME financing.
Vasool Raja is record-management software. It does not provide loans or financial services and is not a substitute for the licence your channel requires. Confirm your permissions with OJK or a local advisor; this page is not legal advice.
Running lines and agents
Set up daily, weekly, monthly or monthly-interest lines, assign agents to each line and control what they can do with role permissions. Agents can capture collections offline and sync later, and owners review activity on Android or the web.
Pricing for Indonesian companies
Published plan prices are in INR. Email fintrackhelp@outlook.com to discuss billing for an Indonesian company. A 60-day free trial is available.
Reviewing the book each week
Portfolio health groups loans as running, late, bad or completed, and overdue drilldowns show the borrowers behind each group. Profitability reports bring interest, expenses, discounts and penalties together. Downloadable PDFs help when you review the business with partners, and approvals can be required for loan creation, expenses, investments and day close.
Common questions
Does the app support rupiah?
Yes. A company set up for Indonesia uses IDR, Asia/Jakarta time and +62 phone numbers.
Is the interface available in Bahasa Indonesia?
Not at present. You can use English, Hindi or Tamil.
Does Vasool Raja replace OJK reporting?
No. It keeps operational records only and does not perform statutory reporting. Check your obligations with OJK or a local advisor.
How do I start?
Create a company for Indonesia, set up your first line and borrowers, and use the 60-day free trial. Contact fintrackhelp@outlook.com about billing.
See it with your own lines
Start with a 60-day free trial.
No card required. Vasool Raja is record-management software and does not provide loans or financial services.