PT Jamkrindo provides training and assistance for business legality permits for MSMEs. This event is part of the Jamkrindo MSME Appreciation Awards 2021, which will be held on October 28, 2021.
The Head of the Risk Management and PUKM Division of PT Jamkrindo, Ceriandri Widuri, stated that the training and assistance event, held on Monday, October 18, 2021, is a continuation of PT Jamkrindo's 51st anniversary program with the theme "MSMEs Rise with the Spirit of Collaboration 51". The event was attended virtually by 1,500 MSMEs from across Indonesia.
Speakers at the training included Eddy Satria, Deputy for Micro Business at the Ministry of Cooperatives & MSMEs of the Republic of Indonesia, and Baskoro, Chairman of Fokus UMKM Jakarta, along with the MSME Assistance Team.
"Today's agenda focuses primarily on educating MSME actors about business licensing, especially the creation of a Business Identification Number (NIB)," said Ceriandri in the opening session.
With this assistance, it is expected that more MSME actors will register their business legality, ensuring legal protection and increasing business credibility, thus enhancing their growth potential. "This is in line with our commitment to supporting the enhancement of MSME entrepreneurs' capabilities and capacities," Ceriandri added.
Deputy for Micro Business at the Ministry of Cooperatives & MSMEs, Eddy Satria, explained that the government continues to encourage micro businesses to level up by transforming from informal to formal businesses. One of the key measures is by simplifying the licensing process and the requirements for obtaining a Business Identification Number (NIB) through the Online Single Submission (OSS) risk-based approach.
"The Online Single Submission Risk-Based Approach (OSS RBA) is an electronically integrated business licensing system. In this application, the type of licensing is adjusted according to its risk level. The licensing process differs between MSMEs and large businesses," he explained.
To accelerate the transition from informal to formal businesses, the Ministry has established the "Garda Transfumi" (Micro Business Transformation Guardian), in collaboration with Mercy Corps Indonesia, the Ministry of Investment, BPJPH, and BSN.
The Garda Transfumi team is responsible for socializing and assisting MSMEs in accessing the OSS RBA service. "As of October 11, there were 263 Garda Transfumi members ready to provide free assistance for MSMEs to obtain business legality in the form of an NIB," he added.
As a follow-up to the event, from September 18 to October 20, 2021, PT Jamkrindo, in collaboration with Fokus UMKM, will assist MSME entrepreneurs in registering their business legality. The goal is to ensure that at least 200 MSMEs obtain an NIB.
PT Jamkrindo is a member of the Indonesia Financial Group (IFG). As a credit guarantee company, Jamkrindo offers various guarantee products, both program-based and non-program-based.
For program-based guarantees, PT Jamkrindo offers: People's Business Credit (KUR) Guarantees, Working Capital Credit (KMK) Guarantees as part of the National Economic Recovery Program (PEN). For non-program guarantees, PT Jamkrindo provides: General credit guarantees, Micro credit guarantees, Construction and procurement credit guarantees, Distribution credit guarantees, Surety bonds, Customs bonds, Cargo agency guarantees, Supply chain financing guarantees (invoice financing), Guarantees for fintech institutions.
As of September 2021, PT Jamkrindo and its subsidiary PT Penjaminan Jamkrindo Syariah (Jamsyar) recorded a total guarantee volume of IDR 21.477 trillion, with the breakdown as follows: PT Jamkrindo: IDR 14.297 trillion, PT Jamsyar: IDR 7.179 trillion, Total guaranteed debtors: 1,422,958 MSMEs
For People’s Business Credit (KUR), PT Jamkrindo has provided guarantees amounting to IDR 100.513 trillion, covering 2,978,410 debtors.
This initiative underscores PT Jamkrindo's commitment to strengthening MSMEs, ensuring legal protection, and supporting Indonesia's economic recovery and financial inclusion.