Indonesia KUR program reaches Rp243.3 trillion in MSME credit distribution

Indonesia's People's Business Credit (KUR) program has reached a total distribution of Rp243.3 trillion as of October 6, 2026, benefiting 3.77 million MSMEs, according to Deputy Minister of MSMEs Helvi Yuni Moraza.

Of the total distribution, Rp159 trillion (66 percent) was allocated to the production sector, meeting the national target of 65 percent. The program has also exceeded its target for new debtors, reaching 1,606,995 individuals. In Central Java, KUR distribution reached Rp42.8 trillion across 760,477 debtors, with the highest concentrations in Pati and Grobogan regencies.

Major banks, including Bank Negara Indonesia (BNI) and BCA, are facilitating the 2026 KUR program. BNI offers interest rates of 6 percent effective per annum with flexible tenors ranging from 1 to 5 years for loan amounts such as Rp100 million or Rp500 million. BCA similarly provides KUR options with 6 percent interest and tenors of 1 to 5 years to support business capital and investment for MSMEs.