LPDB Koperasi to implement innovative credit scoring technology

LPDB Koperasi is preparing to implement innovative credit scoring technology to transform its financing acquisition process for cooperative partners across Indonesia. This strategic move aims to replace manual systems with integrated data-based technology to reduce bureaucracy and minimize human subjectivity in assessing creditworthiness.

According to LPDB Koperasi President Director Krisdianto, the technology is intended to accelerate the process and improve service quality. The implementation is expected to reduce evaluation times from manual processes to just minutes, eliminate queuing systems, and provide management with more complex and comprehensive analytical data for decision-making.

Because the funds are sourced from the state budget (APBN), the institution is conducting in-depth studies and rigorous testing to ensure accountability. The goal is to balance accuracy with accessibility, ensuring the system is not so rigid that it leads to high rejection rates for cooperative applications. Full implementation is targeted for 2027.