In the Middle of the Pandemic, Brantas Abipraya Helped UMKM Develop Their Business

26 June 2020

Jakarta, June 26, 2020 - The Corona Virus Disease-19 epidemic, known as Covid-19, has many impacts on society. One of them is to the Micro and Small and Medium Enterprises (MSME) entrepreneurs who feel a significant impact due to the Covid pandemic -19. Responding to this, PT Brantas Abipraya (Persero) as one of the State-Owned Enterprises (BUMN) engaged in the construction sector is actively supporting the Government in helping independent small entrepreneurs to continue running their business.

"This is one proof of Abipraya's commitment to fully support the government's program to be able to restore the country's economic wheels. Through PKBL (Partnership and Community Development Program), Abipraya is ready to provide soft loans to small-scale businesses, "said Miftakhul Anas as Chairperson of Brantas Abipraya PKBL who also serves as Corporate Secretary.

Anas added, some MSME requirements that want to partner in this program must take the form of individual businesses, business entities that are not legal entities or business entities that are legal entities, including micro businesses and cooperatives. In addition, business actors must also have conducted their business activities for a minimum of 6 (six) months and prioritized MSMEs that have cooperated with Abipraya, a subsidiary of Abipraya or the Brantas Abipraya Employee Cooperative. The fostered partners must also have good references. Even more profitable, small entrepreneurs are also given the nominal freedom of the loan amount according to their ability to pay up to a maximum of Rp 200 million with a loan term of up to two years, so that entrepreneurs need not fear being burdened.

The existence of this pandemic does not necessarily make Abipraya stop running this program. Strengthen its commitment in helping MSMEs to continue to develop in the transition era towards this new normalcy. Abipraya has also pocketed 10 new foster partners so that the total becomes 47 fostered partners.