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Micro Community Bussiness Credit

Working Capital Credit and or Investment Credit with credit upper limit of up to Rp 500 million granted to micro business, small business and cooperative with productive business which will receive guarantee from a Guaranteeing Company.

KREDIT USAHA RAKYAT BRI

Benefits

  • Micro Community Business Credit
    Working Capital Loan and / or Investment with a ceiling of Rp 25 million per debtor
  • Retail Community Business Credit
    Working Capital Credit and or Investment to debtors having productive and feasible business with ceiling> Rp 25 million s.d Rp 500 million per debtor
  • Indonesia Worker Business Credit
    Indonesia Worker Business Credit is given to finance the departure of prospective migrant workers to placement countries with a ceiling of Rp 25 million

Persyaratan Calon Debitur

Requirements for a Debtor

  • Micro Community Business Credit
    • Candidate debtor is an individual running a feasible productive business.
    • Having complete legality:
    a. Identity Card/Driving License
    b. Family Card
    • Length of business of 6 months at the minimum.
  • Retail Community Business Credit
    • Candidate debtor is an individual (individual person/ legal entity), Group, or Cooperative running a feasible productive business.
    • Having complete legality:
    a. Individual: Identity Card/Driving License, & Family Card.
    b. Group: Confirmation Letter from related Institution or Certificate from the Village Head/Sub-District Head or a Notarial Deed.
    c. Cooperative/Other Business Entity: As per applicable provisions.
    • Length of business of 6 months at the minimum.
    • Licensing:
    a. Credit upper limit of up to Rp. 100 million: Trading Business License, Company Registration Certificate & Business Location License or Certificate of business from the Sub-District Head/Village Head.
    b. Credit upper limit > Rp. 100 million: At least Trading Business License or in accordance with the applicable provisions.
  • Linkage Program Community Business Credit
    Executing
    • Candidate debtor is a Village Credit Institution, Secondary Cooperative, Savings and Loans Cooperative/ Savings and Loans Unit, Rural Bank/Sharia Rural Bank, Non-Bank Financial Institution, Business Group, Micro Finance Institution which is allowed to receive financing facility from banking sector but is not receiving a Government Program Credit.
    • Having complete legality:
    a. Articles of Associations/By-Laws.
    b. Having business license from a competent authority.
    c. Having active management board.
    • Length of business of 6 months at the minimum.

    Channeling
    • Candidate debtor is:
    a. End user, who is not receiving Working Capital Credit or Investment Credit or Government Credit, but an end user who is receiving Consumptive Credit is allowed.
    b. Linkage Institution, allowed for those who are receiving financing from Banking sector or Government Program Credit.
    • Legality: end user, in accordance with the provisions for Micro Community Business Credit and Retail Community Business Credit.

KETENTUAN DAN SYARAT KREDIT

Credit Requirements

  • Micro Community Business Credit
    • Credit upper limit of Rp 25 million at the maximum.
    • Effective interest rate of 7% per year at the maximum.
    • Credit period & type:
    a. Working Capital Credit: maximum 3 years.
    b. Investment Credit: maximum 5 years.
    • Collateral: is on bank condition
    • Principal: Can be merely in the form of Principal collateral if, according to the Bank’s confidence, the cash flow of the financed Project can fulfill all of its obligations to the bank (feasible).
    • Without Administration fee and the provisions.
  • Retail Community Business Credit
    • Credit upper limit of > Rp 20 million up to Rp 500 million.
    • Effective interest rate of 7 % per year at the maximum.
    • Credit period & type:
    a. Working Capital Credit: maximum 3 years.
    b. Investment Credit: maximum 5 years.
    • In case of renewal, suppletion and restructuring.
    a. Working Capital Credit: maximum 6 years.
    b. Investment Credit: maximum 10 years.
    • Collateral:
    • Principal: Can be merely in the form of Principal collateral if, according to the Bank’s confidence, the cash flow of the financed Project can fulfill all of its obligations to the bank (feasible).
    • Additional: In accordance with the provisions at the Executing Bank.
  • Community Business Credit Linkage Program
    Executing
    • Credit upper limit of Rp. 2 Billion at the maximum.
    • Loan from the Village Credit Institution, Savings and Loans Cooperative/Savings and Loans Unit, BMT, Micro Finance Institution to end user is Rp. 100 million at the maximum.
    • Credit period & type:
    a. Working Capital Credit: maximum 3 years.
    b. Investment Credit: maximum 5 years.
    • In case of renewal, suppletion and restructuring.
    a. Working Capital Credit: maximum 6 years.
    b. Investment Credit: maximum 10 years.
    • Interest rate:
    a. Linkage Institution: effective 7% per year at the maximum.
    b. From Linkage Institution to the Micro-, Small- and Medium Enterprise: effective 22% at the maximum.
    • Principal: Receivables to customer.
    • Additional: in accordance with the provisions at the Executing Bank.
    • Collateral:

    Channeling
    • Credit upper limit in accordance with the provisions for Micro Community Business Credit and Retail Community Business Credit.
    • Credit period & type:
    a. Working Capital Credit: maximum 3 years.
    b. Investment Credit: maximum 5 years.
    • In case of renewal, suppletion and restructuring.
    a. Working Capital Credit: maximum 6 years.
    b. Investment Credit: maximum 10 years.
    • Interest rate: in accordance with the provisions for Micro Community Business Credit and Retail Community Business Credit.
    • Collateral:
    • Principal: Receivables to customer.
    • Additional: In accordance with the provisions at the Executing Bank.