President Joko Widodo handed over the people's business credit (KUR)

President Joko Widodo handed over the people's business credit (KUR) cluster and channeled funds through the Cooperative and Micro, Small and Medium Enterprises Revolving Fund Management Institution (LPDB KUMKM) at the State Palace, today.

What are the advantages of cluster KUR for these MSME actors? With this KUR model, business actors benefit because the purchase guarantor or offtaker is clear.

Earlier there was a boarding school until it got several billion for horticulture matters. The vegetables are bought and then sold through businesses that have a large network. The guarantor of his purchase is clear. Borrowing institutions such as banks and other non-bank institutions are guaranteed that the loaned KUR can be returned because the production process to product sales for business actors is also clear.

I hope that with the KUR cluster model, MSME products can be absorbed as much as possible and get certainty on the market.