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Jakarta Post

Jakarta’s credit insurance signs MoU with Kadin

News Desk (The Jakarta Post)
Jakarta
Thu, September 28, 2017

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Jakarta’s credit insurance signs MoU with Kadin Logo of PT Penjamin Kredit Daerah (Jamkrida) Jakarta (kontan.co.id/File)

C

ity-owned credit insurance PT Penjamin Kredit Daerah Jakarta (Jamkrida), for micro, small and medium enterprises (MSMEs) and cooperatives, has signed a memorandum of understanding (MoU) with the Jakarta chapter of the Indonesian Chamber of Commerce (Kadin Jakarta).

The MoU aims to help the development of micro, small and medium enterprises (SMEs) under Kadin’s supervision.

 "This is to bring Kadin closer to Jamkrida, and to disseminate information on the existence and function of Jamkrida [to MSMEs]," Jamkrida president director Chusnul Ma'arif said after the signing of the MoU at the Kadin Jakarta headquarters in Central Jakarta, according to beritajakarta.id on Wednesday.

 He added that Jamkrida provided loan guarantees to a number of SMEs amounting to Rp 1.5 trillion (US$110.5 million) last year.

Jakarta Kadin chairman Eddy Kuntadi said his organization would start disseminating information about Jamkrida’s programs to Kadin members.

"[With the agreement], members will be informed about Jamkrida’s products," he said. (dis/bbn)

 

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