Ultra Micro Holding Has Distributed Financing Of IDR 617.9 Trillion Per First Quarter Of 2024

Illustration. (Photo: Doc. Antara)

JAKARTA - Ultra Micro Holding (UMi) is recorded to have disbursed loans for micro and ultra micro customers worth IDR 617.9 trillion during the first quarter of 2024.

This figure is an allocation of credit distribution by PT Bank Rakyat Indonesia (Persero) Tbk or BRI, PT Pegadaian, PT Pemodalan Nasional Madani or PNM.

BRI Micro Business Director Supari said the realization of the distribution was equivalent to 47.2 percent of the total credit portfolio of PT BRI. Where BRI's credit distribution in the first quarter of 2024 reached Rp1,308.55 trillion.

"The total credit that we have distributed to the micro and ultra micro business people in the first quarter of 2024 is IDR 617.9 trillion, that's almost 48 percent of BRI's total financing, with 37 million customers," he said in a media briefing at the Ministry of SOEs, Jakarta, Tuesday, April 30.

In addition, Supari said he was optimistic that the performance of Holding UMi's credit distribution would continue to increase. This is in line with the growing national economy.

With the improvement in people's purchasing power, continued Supari, micro and ultra-micro businesses will emerge that need capital support.

"I am sure, with programs that have been good at increasing purchasing power, micro and ultra micro business actors will emerge," he explained.

In addition, Supari said that the UMi Holding performance will also be supported by the efficiency carried out by BRI, Pegadaian, and PNM.

"In us there is efficiency with sharing resources, infrastructure synergy, sharing competencies, empowerment PNM, so we also get extraordinary efficiency," he said.