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Jakarta Post

Go-Jek to facilitate micro-credit for SMEs

Jakarta   /   Wed, March 14 2018   /  12:42 am

Financial support: Go-Pay CEO Aldi Haryopratomo (third right), BNI senior executive vice president for IT Dadang Setiabudi (second right) and Go-Jek chief of commercial expansion Catherine Hindra Sutjahyo (right) talk to a food vendor at the Go-Food Festival in Jakarta on Tuesday. BNI has signed an agreement to provide micro-credit for small and medium enterprises. (JP/Dhoni Setiawan)Homegrown ride-hailing app Go-Jek will facilitate small and medium enterprises (SMEs), which serve as its Go-Food merchants, to gain access to subsidized micro-credits (KUR) through state-owned lender Bank Negara Indonesia (BNI). Of the 125,000 Go-Food merchants, 80 percent are small and medium enterprises (SMEs). Go-Jek will cater first to eligible SMEs based on their transaction history on its digital platform, Go-Pay, before confirming their willingness to access the loans. “We’ll select Go-Food merch...