Micro Loan Project

Is credit provision to People’s Credit Banks (BPR) directed toward financing micro entrepreneurs, both individuals and groups in developing their businesses.

Requirements :

  • For BPR :
    • Health Level (TKS) BPR is according to aassessment by Bank Indonesia min. “QUITE HELTHY” for the past 3 months.
    • Level of capital adequacy ratio (CAR) min. 8%.
    • Business legal documents (such as : NPWP, SIUP, TDP).
  • For Individuals :
    • Indonesian citizens aged 21 to 60 years.
    • Micro entrepreneurs both individuals or those in groups.
    • Personal legal documents (National ID Card (KTP) / Family Card (KK) / Marriage Contract).
    • Salary slip.

Credit Features :

No. Description People’s Credit Banks Individuals

1.

Type of Credit

Executing pattern & aflopend in nature.

Aflopend ceiling (declining ceiling)

2.

Credit Limit

Max. 2 times of paid-up capital

Max. Rp 5 Million

3.

Period

Max. 5 years

Max. 18 months

4.

Credit Purpose

Investment and/or Working Capital Credit

Investment / Working Capital / Consumptive Credit

Benefit :

  • Low interest rate.
  • Not obliged to submit material collateral.
  • Credit is directly transferred to customer’s savings account in BPR.
Micro Loan Project