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View all search resultsThe decision was made after customers of savings and loan cooperative KSP Indosurya Cipta sought help from lawmakers to address the organization’s failure to return a total of Rp 10 trillion (US$707.51 million) to 8,000 customers.
The government’s plan to provide social assistance for ultra-micro enterprises affected by the COVID-19 pandemic has been hindered by a lack of data, Cooperatives and Small and Medium Enterprises Minister Teten Masduki has said.
The online platform was established through a collaboration between the organization’s professional association, NU Circle, and career center developer TopKarir Indonesia, and is designed to prepare NU’s youth members to enter the workforce.
Around 56 percent of the reports are related to declining sales, 22 percent to funding, 15 percent to goods distribution and 4 percent to access raw materials, according to the Cooperatives and Small and Medium Enterprises Ministry.
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