people’s business credit (KUR)
E812252
credit guarantee program
government-backed loan program
micro, small, and medium enterprise financing scheme
People’s Business Credit (KUR) is an Indonesian government-backed micro, small, and medium enterprise (MSME) loan program that provides subsidized, accessible financing to help small businesses grow and develop.
Observed surface forms (1)
| Surface form | Occurrences |
|---|---|
| People’s Business Credit | 0 |
Statements (49)
| Predicate | Object |
|---|---|
| instanceOf |
credit guarantee program
ⓘ
government-backed loan program ⓘ micro, small, and medium enterprise financing scheme ⓘ |
| backedBy | Government of Indonesia NERFINISHED ⓘ |
| beneficiaryRequirement |
Indonesian citizen
ⓘ
business not currently receiving other subsidized government credit schemes ⓘ has a feasible business ⓘ meets criteria set by participating banks ⓘ |
| country | Indonesia ⓘ |
| feature |
can be accessed by both individual and group borrowers
ⓘ
interest rate subsidy from the government ⓘ loan ceilings differentiated by KUR type ⓘ no or limited collateral requirements for micro KUR ⓘ partial credit guarantee by the government ⓘ priority for productive sectors ⓘ relatively low interest rates compared to commercial MSME loans ⓘ |
| financingType |
investment loans
ⓘ
working capital loans ⓘ |
| fullNameIndonesian | Kredit Usaha Rakyat NERFINISHED ⓘ |
| hasProgramVariant |
KUR Kecil
ⓘ
KUR Khusus (special KUR for certain sectors or clusters) ⓘ KUR Mikro ⓘ KUR TKI (for Indonesian migrant workers) NERFINISHED ⓘ |
| implementedBy |
commercial banks
ⓘ
microfinance institutions participating in KUR ⓘ regional development banks ⓘ state-owned banks ⓘ |
| objective |
increase access to financing for MSMEs
ⓘ
reduce financing constraints for unbankable but feasible businesses ⓘ support job creation through MSME development ⓘ support poverty reduction through entrepreneurship ⓘ support small business growth and development ⓘ |
| policyCoordinator | Coordinating Ministry for Economic Affairs of Indonesia NERFINISHED ⓘ |
| policyGoal |
expand financial inclusion
ⓘ
strengthen MSME contribution to GDP ⓘ support national economic growth ⓘ support post-crisis economic recovery in Indonesia ⓘ |
| sectorPriority |
agriculture
ⓘ
fisheries ⓘ manufacturing ⓘ services ⓘ trade ⓘ |
| shortName | KUR NERFINISHED ⓘ |
| targetGroup |
MSMEs
ⓘ
individual entrepreneurs ⓘ productive business actors ⓘ |
| targetSector |
medium enterprises
ⓘ
micro enterprises ⓘ small enterprises ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.