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Indonesian youth business group proposes quadrupling KUR microloan cap to Rp2 billion
Hipmi's proposal to raise the ceiling on People's Business Credit aims to deepen financing access for small enterprises, though banks warn of credit-risk implications.
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By Handelsavisen Newsroom · Automated
2026-06-22 16:22 UTC · 1 min read
The Central Board of the Indonesian Young Entrepreneurs Association (Hipmi) has proposed raising the ceiling on People's Business Credit (KUR) from Rp500 million to Rp2 billion.
The recommendation was presented during a working meeting with the House of Representatives' State Financial Accountability Body (Bakn DPR).