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MSME financing by KUR is claimed to soak up 12.5 million employees

Tuesday, 21 October 2025 – 21:40 WIB

Mass KUR Settlement to 800,000 debtors at Dyandra Conference Corridor Surabaya. Picture: Ardini Pramitha/JPNN.com

jatim.jpnn.comSURABAYA – The federal government offered financing to MSMEs by Individuals’s Enterprise Credit score (KUR) for 800 thousand new debtors all through Indonesia, Tuesday (21/10).

Whole KUR distribution to MSMEs till October 2025 reached 3.5 million debtors.

The mass settlement for debtors was held in Surabaya and attended by the Coordinating Minister for Financial Affairs of the Republic of Indonesia Airlangga Hartarto, Minister of UMKM Maman Abdurrahamn, and Governor of East Java Khofifah Indar Parawansa.

Minister of UMKM Maman Abdurrahamn stated that every KUR debtor has the potential to extend employment by a mean of three individuals.

“This implies, if we assume that every enterprise sector absorbs roughly 2-3 individuals, it signifies that a complete of round 7-9.5 million employees are absorbed by this KUR program,” stated Maman when met after the occasion.

Maman stated that MSME financing by KUR is the federal government’s effort to comprehend the nation’s financial independence.

In the meantime, the Coordinating Minister for Financial Affairs of the Republic of Indonesia Airlangga Hartarto stated that as of October 17 2025, KUR realization had reached IDR 217.20 trillion or 76.86 p.c of the 2025 goal of IDR 300 trillion.

“This quantity reaches 3.69 million debtors with a really properly maintained stage of non-performing loans at 2.28 p.c, significantly better than the nationwide MSME Credit score NPL on the stage of 4.55 p.c,” stated Airlangga.

The federal government claims that financing of 800 thousand KUR for MSMEs will soak up 12.5 million employees.

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