On 5th November 2007, the president launched Kredit Usaha Rakyat (KUR), with credit guarantee facility from government through PT. Askrindo and Perum Jamkrindo. The channel of the bank executing are Bank BRI, Bank Mandiri, Bank BNI, Bank BTN, Bank Syariah Mandiri, and Bank Bukopin.

         This KUR is a financing facility that can be accessed by MSMEs and Cooperative, especially those with a decent effort but bankable. The point is that business have a good business prospects and have ability to restore. MSMEs and Cooperative are expected to access the KUR are moving in productive business sector such as agriculture, fisheries and marine, forestry and financial services save loan. Channeling of KUR can be done directly, the point is MSMEs and Cooperative can access KUR directly in Branch Office or Sub-Branches of the bank executing.  To better approximate the service to micro enterprises, then the channeling of KUR can also be done indirectly, the point is micro enterprises can access the KUR through microfinance institutions and Cooperative KSPIUSP, or through other program linkage activities which collaborating with the bank executing.

         Having regard to the expediency of KUR, for the increasingly expanded distribution with procedures the more easily and process is faster. Beside that, beginning in 2010 the bank executing of KUR became 19 banks: PT. BRI, PT. Mandiri, PT. BNI, PT. BTN, PT. Bank Syariah Mandiri, dan PT. Bukopin, plus with 13 regional development banks (Bank Pembangunan Daerah/BPD): PT. Bank DKI, PT. BPD West Java and Banten, PT. BPD Central Java, PT. BPD East Java, BPD DI Yogyakarta, PT. BPD West Nusa Tenggara, PT. BPD West Sumatera, PT. BPD West Kalimantan, PT. Development Bank Central Kalimantan, PT. BPD South Kalimantan, PT. North Sulawesi, PT. BPD Papua.

        Our hope, may this publications of manual KUR become an effective medium of socialization in organizing Kredit Usaha Rakyat (KUR).




Jakarta, October 2011

Deputy for development and restructuring

of business