About Us

What is Generation Grow?

Based in Indonesia and established in 2023, Generation Grow is a nonprofit group that aims to empower and educate today’s youth economically and financially.

One of our goals is to help educate children, teenagers, and young adults in underprivileged communities in developing countries, such as those in Indonesia, on basic financial literacy and entrepreneurship. By partnering with Microfinance institutions such as the Amanah Fund under Bakrie Amanah, we reach out to these developing communities, provide engaging presentations and lessons on financial literacy and business management, and encourage the youth to take advantage of the services that Microfinance institutions offer.

On our website, we aim to raise awareness about the communities we work with, the need for financial literacy, and the opportunities provided by microfinance. This website presents the work that we have done with these communities, an outline of what Microfinance is, media relating to financial literacy, and ways to help the cause!

My Story

I, Harava Rahardjo, am a high school student passionate about social issues and development economics, especially as it relates to my home country. Growing up in Jakarta, Indonesia, I was exposed to a rapidly growing economy, constantly improving infrastructure and a vast network of opportunities. However, I was also exposed to an equal amount of poverty and suffering in the form of illiteracy, food insecurity, slum communities, and more. 

Seeing all these socioeconomic issues in effect daily, I naturally questioned why the conditions of Jakarta’s underprivileged were the way it was, wondered if there were solutions to their current problems, and imagined how a better future could be formulated for them. Those living in slums are forced into unstable housing infrastructure, subpar environmental conditions, and an airtight poverty trap. They have an irregular income from relying on informal sector occupations, lack of access to traditional financial services, vulnerability to economic shocks, and subpar education.

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In 2022, Indonesians were only 49.68% financially literate 

According to Otoritas Jasa Keuangan (OJK)

I believe that financial literacy, a subject that virtually everyone in the modern world should know, is lacking within the Indonesian poor. Without proper knowledge of how to manage finances, one is significantly more susceptible to being exploited by others, making poor decisions on loans and spending, preventing one from achieving one's financial goals, and, in the case of slum dwellers in Indonesia, remaining victims of the poverty trap. Additionally, I have also observed how Microfinance initiatives have paved the way for a better future for the underprivileged. I was inspired by my grandpa, who, in his extensive career in the finance and banking industry, devoted years of his life to developing Microfinance and other social development programs, always paying attention to the concerns of the socioeconomically disadvantaged.

With these ideas in mind, I set out to contribute to the economic empowerment of the Indonesian poor by encouraging financial literacy education in the underprivileged youth. By partnering with Microfinance initiatives, I can educate potential business owners in these low-income communities on the opportunities provided by Microfinance. Through this website, I also wanted to create a platform that made the most important financial literacy topics accessible to everyone, spread awareness about the growing impact of Microfinance, and support the slum communities of Jakarta.