JAKARTA - The Financial Services Authority (OJK) revealed something surprising related to online loan debt alias loan in the capital, recently.
Based on data obtained until April 2023, as many as 2.38 million user accounts have a debt figure of IDR 10.35 trillion.
Seeing this phenomenon, the General Chairperson of the Central Board of the Indonesian Young Entrepreneurs Association (BPP HIPMI) Akbar Himawan Buchari raised his voice.
Akbar said this could be a lesson for the community, especially young people, to get financial literacy before deciding to apply for a loan.
"Young people should prioritize productive loans to do business and develop MSME products," Akbar said in his statement in Jakarta, Friday, June 30.
He said, the key to good financial literacy must be owned by the public in the country, such as knowledge of financial service institutions, financial products and services, to regarding the benefits and risks.
"Given the phenomenon of the skyrocketing debt in the capital city, there is a potential for users to only be desperate to access loans from fintech without knowing for sure about the risks they take," he said.
Therefore, Akbar invites young Indonesians to be financially independent as entrepreneurs rather than taking shortcuts.
This can actually be started by becoming an MSME entrepreneur and you don't need to be afraid to start your business, because HIPMI is ready to provide assistance for the development of this business.
"I encourage young people to become entrepreneurs, because this can be the beginning of achieving financial independence so that they can avoid potential debt," he added.
The English, Chinese, Japanese, Arabic, and French versions are automatically generated by the AI. So there may still be inaccuracies in translating, please always see Indonesian as our main language. (system supported by DigitalSiber.id)
