PT iGrow Resources Indonesia (iGrow), which claims to be the first agricultural peer to peer lending platform in Indonesia, has finally had its turn to face problems. In June 2023, dozens of investors filed a tort lawsuit to the South Jakarta District Court accusing iGrow of defaulting. This is the second of such cases in the agribusiness lending business after previously TaniFund, the lending arm of the agritech company TaniHub, also faced default.To subscribe please click here
