Jakarta – Indonesia's G20 Presidency represents a strategic moment to promote global economic recovery that is inclusive and committed to addressing climate change. In the financial sector track of the G20 Presidency, several key agendas were discussed, including an exit strategy to support fair recovery, the scarring effect to secure future growth, digital payment systems, sustainable finance, financial inclusion, and international taxation.
As a form of support for the G20 agenda, PT Jamkrindo is committed to contributing by enhancing its role in financial inclusion, helping more feasible SMEs access financial services through guarantee services.
Putrama Wahju Setyawan, the President Director of PT Jamkrindo, stated that with SME guarantees, the economy will move in a positive direction. “With credit guarantees from Jamkrindo, feasible SMEs that are not yet bankable can access the financing they need. This will ultimately contribute to increasing financial inclusion,” he said.
From the digital aspect, he mentioned that Jamkrindo has developed digital marketing channels such as the Jamkrindo Online Suretyship (JOS) app and the UMKM Layak (Feasible SMEs) rating platform, which make it easier for users to access Jamkrindo’s guarantee services. Throughout 2021, Jamkrindo realized a guarantee volume of IDR 247.61 trillion with a total of 11,151,289 SME debtors covered.
In 2022, Jamkrindo will be more aggressive in providing credit guarantees, in line with the increased national KUR distribution target and the optimism for increased banking credit distribution as a result of economic recovery. “With more SMEs having access to financing opportunities, it is expected that more SMEs will graduate to higher levels,” he said.
In addition to enhancing its role in financial inclusion, Jamkrindo is also committed to continuously improving financial literacy. The company is actively involved in various workshops and forums to increase financial literacy, particularly in the credit guarantee industry.
Moreover, the company also actively provides training for SMEs to help them grow and level up. These training programs include SME coaching clinics, product photography training for SMEs, optimizing social media use for business, legal business training, classes for SMEs to recover from the pandemic, and more.
Various community empowerment initiatives have also been carried out, such as those in Geopark Ciletuh, Sukabumi, aimed at improving community welfare. “Since 2019, we have initiated a sustainable program in Ciletuh as part of our corporate social responsibility commitment, specifically in the area of Creating Shared Value (CSV),” said Putrama.
PT Jamkrindo is the largest guarantee company in Indonesia. As a pioneer in the guarantee industry, Jamkrindo offers a range of products, both program and non-program guarantees. For program guarantees, PT Jamkrindo provides the KUR guarantee product.
For non-program guarantees, its products include general credit guarantees, microcredit guarantees, construction and goods/services procurement guarantees, goods distribution guarantees, surety bonds, customs bonds, and guarantees for Supply Chain Financing (Invoice Financing) and other types of credit guarantees.
As part of the IFG (Indonesia Financial Group) holding, Jamkrindo is committed to driving change in the financial sector, particularly in the guarantee industry, with accountability, prudence, and transparency, guided by good corporate governance and integrity.