Kemenkop UKM Records KUR Distribution Per Day Reaches IDR 209.84 Trillion

Deputy for Micro Business at the Ministry of Cooperatives and SMEs Yulius. (Photo: Theresia Agatha/VOI)

JAKARTA - The Ministry of Cooperatives and SMEs (Kemenkop UKM) noted that the realization of the distribution of People's Business Credit (KUR) has reached Rp209.84 trillion per day.

These funds were distributed to 3.18 million MSMEs.

"The realization of distribution per day, September 19, has reached Rp209.84 trillion to 3.60 million debtors," said Deputy for Micro Business at the Kemenkop UKM Yulius at the Kemenkop UKM office, Jakarta, Thursday, September 19.

In detail, the distribution of KUR is divided into four categories, namely, KUR for super micro businesses, KUR for micro businesses, KUR for small businesses/species and KUR for the Placement of Indonesian Migrant Workers (PMI).

As for the super micro KUR, 98,845 debtors have been distributed with a realization of Rp877.5 billion. Then for the Micro KUR, it was distributed to 3,233,306 debtors with a realization of Rp143.73 trillion.

"The small or special KUR realization is Rp65.2 trillion to 271,958 debtors and the realization of the PMI Placement KUR is Rp26.91 billion to 1,102," he said.

According to him, the number of realizations of KUR distribution per day has reached 73.85 percent of the 2024 realization target.

"Now, right, the platform that has been distributed (target) is around Rp. 283 trillion. So, it's around 73.85 percent," he concluded.

As additional information, the distribution of KUR in 2023 has not yet reached the target.

It is known that the government is targeting the distribution of KUR of IDR 297 trillion in that year, but only IDR 260.26 trillion was distributed to 4.64 million debtors.

"Last year, KUR did not reach the target. We have seen symptoms, stagnation in the distribution of KUR. Therefore, breakthroughs are needed," said Expert Staff for Inter-Institutional Relations of the Ministry of Cooperatives at SMEs Riza Damanik in the 2024 Journalists Orientation in Bogor, West Java, Thursday, May 16.