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​Communcation Departement

9/24/2021 12:00 AM
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MSME Loans Increasing: Fuelling MSME Optimism Despite Pandemic

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MSME loans have signalled positive growth since May 2021 after contracting for nine consecutive months from August 2020. Annually, growth stood at 1.57% (yoy) in May 2021 before accelerating to 2.70% (yoy) in August 2021.  Nevertheless, the opportunity for MSME growth and development during the recovery period requires financing support.  That was the key takeaway of BI Deputy Governor, Doni P. Joewono, at the Policy Dialogue entitled “MSME Financing” as part of the Karya Kreatif Indonesia (KKI) 2021 proceedings today (24/9) held virtually. BI Deputy Governor, Doni P. Joewono, and Deputy Minister of Cooperatives and Small and Medium Enterprises (SMEs), Hanung Harimba R, attended the online event as speakers.

Deputy Governor Doni explained that in order to obtain access to finance, MSMEs must remain consistent and committed to maintaining product quality, creativity and innovation, while utilising digital technology, collaborating with relevant parties as well as selectively and carefully accessing information on financing.

Deputy Minister of Cooperatives and Small and Medium Enterprises (SMEs), Hanung Harimba R, took the opportunity to emphasise the importance of MSMEs maintaining a good business track record in order to secure access to finance. MSMEs are expected to improve their bookkeeping and financial reporting, while utilising digital technology, as a way to maintain a digital track record, which will assist the loan approval process.  Echoing Deputy Governor Doni’s sentiments, Hanung stressed the need for MSMEs to actively seek information regarding access to finance, including information on government financing programs.

Karya Kreatif Indonesia (KKI) 2021 spans four days from 23rd–26th September 2021.  In addition to policy dialogue, KKI 2021 features various performances, showcases and exhibitions of MSME products, as well as business coaching, business matching, talk shows, webinars, arts and cultural performances, onboarding and awards. In total, 525 MSMEs from around the archipelago are attending KKI 2021, including those under the mentorship of Bank Indonesia, government ministries/agencies and local government. All KKI activities and the exhibition showcases are accessible via  A full catalogue and contact menu are also available on the KKI website.


Jakarta, 24th September 2021

Head of Communication Department

Erwin Haryono

Executive Director


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Halaman ini terakhir diperbarui 9/27/2021 1:23 PM
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