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.
