With earthworms and an oven, she built a better life for her family

Quick Summary:

Fintech firm helps close financing gap for women entrepreneurs in rural areas.

Income from selling earthworm powder allowed Ms Lilis and her husband to pay for their sons’ education and upgrade to a larger home.

This demographic is defined as the segment of the population living on US$3,000 (S$4,000) or less a year.“AIIF takes a ‘double bottom-line’ approach to impact investing,” says Mr Seah Kian Wee, chief executive officer of UOBVM.“Investment returns are measured both in financial terms (and) the social impact generated.

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Article Details

Category: EconomyBusiness

Markets: SingaporeChinaIndonesia

Topics: Rural Amartha Million Business Powder Women Taufan Lilis Indonesia Earthworm Says

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-17 @ 04:00:00 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 1509 words

Reading Time: 9 minutes read

Sentences: 73 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 27956282

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About The Straits Times

Main Topics: EconomyBusiness

Official Website: straitstimes.com

Update Frequency: 13 posts per day

Year Established: 1845

Headquarters: Singapore

News Last Updated: 4 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #25

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