Askrindo Strengthens MSMEs Through KUR Guarantee Of IDR 124 Trillion In 2024

JAKARTA - PT Asuransi Kredit Indonesia (Askrindo) stated that it supports the development of MSMEs through the guarantee of People's Business Credit (KUR) with a total ceiling of IDR 124 trillion in 2024.

"This data is national, yes, I have this data last year, yes, during 2024, the KUR ceiling data that we have guaranteed is IDR 124 trillion," said Corporate Secretary of PT Asuransi Kredit Indonesia (Askrindo) Syafruddin while visiting SMEs. bakpia pathuk in Yogyakarta, quoting Antara.

He stated that the amount of credit was distributed to around 2.3 million debtors who were able to absorb 3.3 million workers.

This shows that the KUR program launched by the government and supported by Askrindo has a real impact on increasing the capacity of MSMEs.

"So the government through KUR helps with capital and also helps create jobs," he said.

Syafruddin said that in the distribution of KUR, his party acts as a colateral substitution or a cover of deficiencies for guaranteed parties.

He said that colateral (collateral) is the most difficult criterion for MSMEs when applying for credit, compared to the other four criteria.

The four criteria are the capacity of the debt-to-income ratio (capacity), a history of debt (character), interest requirements and the amount of loans (condition), and capital (capital).

"So Askrindo guarantees this MSME so that the bank wants to disburse its credit. So, without colateral, this bank does not want to provide technical assistance, so Askrindo becomes a colateral replacement, so it becomes worthy of being given technical assistance," he explained.

Syafruddin stated that the distribution of KUR and Askrindo's support as colateral showed the government's commitment to strengthening MSMEs and creating quality employment opportunities, as one of the government's visions contained in Asta Cita Number 3.

He also hopes that his efforts can help MSMEs advance to class by expanding their outlets and sales lines.

"Askrindo is proud to be able to guarantee MSMEs. We hope we can increase economic growth, then support government programs too," he said.

One of the MSMEs in the Kampung Bakpia Pathok Yogyakarta Cluster of the Bakpia Pathok Center of the Sumekar Group, namely Bakpia Pathok 52, is a KUR recipient and participant in Askrindo's credit guarantee.

One of the managers of Bakpia Pathok 52 Friska Surya said that his party felt calm with the guarantee from Askrindo.

He said that his party knew Askrindo's credit guarantee program after being offered to take KUR at PT Bank Rakyat Indonesia Tbk (BRI) after his family's business was hit hard by the COVID-19 pandemic.

"Yes, of course calm, because yesterday COVID-19 really didn't have any income, while employees (we) still had to eat (as a fulfillment of their basic needs)," said Friska Surya.