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micro-and-small-businesses

Opinion 7 years ago

PREMIUM
Ultra-micro financing combats poverty

The government increased the budget for ultra-micro financing by 65 percent to Rp 2.5 trillion, from Rp 1.5 trillion in 2017.

Opinion 8 years ago

PREMIUM
ASEAN credit rating could help small businesses

MSMEs contribute from 30 percent to 60 percent to the GDP in ASEAN. But they receive only a small portion of bank financing, at around 20 percent of total ASEAN bank loans.

Business 8 years ago

Government launches ultra-micro credit program on Monday

Finance Minister Sri Mulyani Indrawati and several other ministers on Monday launched a ultra-micro credits program in nine different regions for businesspeople with no access to existing financial institutions.

Business 8 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.

City 9 years ago

Depok to build 1,000 kiosks for micro businesses

The city administration of Depok, West Java, has vowed to build 1,000 kiosks for micro enterprises in the city starting this year until 2021. It has so far conducted a location study and issued a regulation on the construction project.

Business 9 years ago

BRISyariah eyes doubling net profit this year

BRISyariah, a subsidiary of state-owned lender Bank Rakyat Indonesia, aims to more than double its net profit to Rp 212 billion (US$15.36 million) this year by focusing on financing for micro and small businesses.

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