Together With The Bareng Empowered Foundation, CIMB Niaga Salurkan For The MSME Empowerment Program In Eastern Indonesia

Illustration of CIMB Niaga branch office. (Special)

JAKARTA - PT Bank CIMB Niaga Tbk (CIMB Niaga) together with the Berdaya Bareng Foundation launched a sustainable economic empowerment program for 200 Small and Medium Enterprises (MSMEs) in Eastern Indonesia which focused on women and colleagues with disabilities.

This program targets MSME actors in various cities in Makassar, Toraja, Manado, Balikpapan, and Samarinda.

Director of Compliance, Corporate Affairs and Legal CIMB Niaga Fransiska Oei stated that this program is part of the implementation of the CIMB Niaga Sustainability, especially the CSR pillar in the field of economic empowerment.

The choice of Eastern Indonesia's territory because it has many MSME potentials that can be developed to encourage the acceleration of development and equal distribution of the national economy.

Through the spirit of Indonesia Empowered, CIMB Niaga continues to contribute to the revival and empowerment of the economy in Indonesia, one of which is through support for MSME actors. We will carry out this effort continuously and continuously in line with our consistency in supporting the Sustainable Development Goals (SDGs)," said Fransiska in his official statement, Monday, October 24.

Fransiska also said that CIMB Niaga paid special attention to female MSME players and colleagues with disabilities who so far may not be very affordable.

Program yang berlangsung selama tahun ini diharapkan dapat meningkatkan dan mengembangkan usaha mereka melalui pelatihan dan pendampingan dari para mentor profesional yang disediakan CIMB Niaga dan Yayasan Berdaya Bareng.

"The training is carried out online and offline with materials consisting of entrepreneurship, financial literacy, and digital access," added Fransiska.

In addition to obtaining training and assistance, he continued, as many as 50 of the 200 MSME players who take part in the empowerment program at this early stage will receive interest-free business capital assistance from CIMB Niaga.

"Among the electoral criteria, namely having commitment and integrity and successfully increasing revenue by at least 10 percent and adding consumers to a minimum of 5 percent after being given assistance," said Fransisca.

At the end of the program, it is hoped that MSME players who receive coaching can increase their income by at least 30 percent, increase consumers by 15 percent, and have a clear business road map for the next 1 year.

"We hope that our efforts in facilitating business consultations, business assistance, and assisting capital for MSME players in Eastern Indonesia can help the national economic recovery. In addition, it also contributes to supporting the Ministry of Cooperatives and SMEs program, namely increasing the target of the entrepreneurship ratio to 3.95 perseb in 2024," concluded Fransiska.