Perum Jamkrindo provides ease for business owners applying for Kredit Usaha Rakyat (KUR) through cooperating banks. The key requirement is that the bank must have a partnership with Perum Jamkrindo.
According to Hilmiya Fitriana, Head of Operations at Perum Jamkrindo Surabaya Branch, applying for KUR is simple.
"There are no special requirements for KUR applications. The key requirement is that the applicant is an UMKM, and the application can be from individuals or legal entities," said Hilmiya on Wednesday (3/7/2019).
When asked about the benefits for customers who take KUR with Jamkrindo, Hilmiya explained that there are many conveniences. One of the main advantages is that KUR customers don't need to worry in case of defaulted payments.
"For example, if there is a loan default, the customer doesn't need to worry. The bank won't impose direct penalties," explained Hilmiya. This is because the bank has partnered with Jamkrindo as a guarantor institution.
"In the case of delayed payments, Jamkrindo will temporarily cover the outstanding amounts," she said. This means customers can run their businesses without the burden of worrying about loan defaults.
The collaboration mechanism between Jamkrindo and banks is simple to follow. Customers must apply for KUR through a bank that collaborates with Jamkrindo.
Then, the bank will secure the loan with a guarantee from Jamkrindo. "Afterward, the funds will be disbursed by the bank," Hilmiya concluded.