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Business 8 years ago
Indonesia to distribute Rp 120t to small, micro businesses
The Office of the Coordinating Economic Minister's deputy for macroeconomic and finance, Iskandar Simorangkir, has said the government has allocated Rp 120 trillion (US$8.39 billion) for micro credit program Kredit Usaha Rakyat (KUR) this year, higher than the Rp 106.6 trillion allocated last year.
Business 9 years ago
Microcredit facility sees rise in micro, small producer borrowers: Minister
Coordinating Economic Minister Darmin Nasution says that more micro, small and medium producers have taken out loans through the microcredit program (KUR) this year, with the program seeing a rising trend in traders and service business utilizing the facility.
Business 9 years ago
Govt credit program fails to reach farmers, minister admits
Economic Coordinating Minister Darmin Nasution has admitted that the government sponsored People’s Business Credit (KUR) scheme has not reached farmers, who actually need such soft loan facility to boost the agricultural productivity.
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