PT Bank Rakyat Indonesia (Persero) Tbk continues to create economic & social values simultaneously in an effort to accelerate the Indonesian economy. BRI is considered capable of having a positive impact on the welfare of the community through various empowerment programs, one of which is the distribution of People’s Business Credit (KUR).
The findings were released by the National Research and Innovation Agency (BRIN) in their research, which stated that the government’s stimulus program strengthens social activities during the pandemic. The research involved samples with a proportion of 50% micro segment, 30% small segment and 20% super micro segment, through 5 production sectors. Around 57.62% of respondents are business actors located in Java and 42.38% outside Java.
As a result, KUR distributors, especially BRI, have had a major impact on improving various aspects of Indonesian people’s lives. The distribution of KUR is considered capable of boosting customers’ ability to develop their businesses, providing high social impacts, such as increasing family welfare, and continuing impact on the business community.
From the social aspect, as many as 29.63% of customers experienced an increase in their ability to finance their family’s education. Furthermore, 27.33% also stated that they experienced an increase in their ability to finance family health funds after receiving KUR disbursement.
BRI President Director Sunarso said the company continues to sharpen its focus on the MSME sector through the Go Smaller, Go Shorter and Go Faster strategies. This is based on the high social impact of the distribution of KUR by BRI.
Because through KUR, their efforts that almost stopped during the pandemic can be maintained. So that they get income which is partly used to finance children’s education and the health of family members. For KUR customers, Sunarso continued, at least they can maintain their business because there is an injection of new capital.
“KUR is a new source of capital that turns the wheels of business. This source of business income is important to help meet daily needs. Because the impact of the Covid-19 pandemic is certainly felt by most customers, both in urban and rural areas, “said Sunarso.
Furthermore, the research revealed that there was a higher increase in community activities for Small KUR customers, namely 25.73%, and Micro KUR customers around 24.16%, compared to Super Micro KUR recipients which was only around 18.2%.
From the economic aspect, about 23.43% of KUR customers increase their involvement in the business community to develop their business. “Moreover, at BRI, we develop a fostered business cluster. So with this social impact, it will also encourage the strengthening of the business ecosystem by MSME actors who are also KUR customers,” he said.
The distribution of KUR also has positive implications for increasing customer business productivity with an increase of 32.94%. After getting KUR, there is the ability to buy raw materials and produce larger quantities of output.
In addition, the increase in business networks was quite high with an average of 35.04%. This condition occurs because as productivity increases, customers become better able to build business networks to support their business operations.
Sunarso views BRI as the largest KUR channeling bank with a mission to bring MSMEs to the top class. “And so far, what we have done at BRI has turned out to be in accordance with the needs of business actors. Because not only lending, there is also coaching. The journey is clear and complete to encourage digitalization for business expansion so that these business actors can advance to class,” he explained.
Thus, as a bank that focuses on the MSME segment, BRI always gets the largest proportion of distribution from the government with a portion in the range of 70% of the total KUR allocation nationally. In 2022, the quota will reach IDR 260 trillion, with the realization of distribution in the January-May period of IDR 104.5 trillion.
Meanwhile, in 2021 the BRI KUR quota will be increased to Rp195.59 trillion, with the realization of disbursement of Rp194.9 trillion. In 2020, the allocation for BRI KUR distribution will reach Rp. 140.2 trillion with a realization of Rp. 138.5 trillion.