Saturday, June 18, 2011

MICRO FINANCE - BRI Syariah will simplify the requirement for Micro financing

Jakarta, (16/6). One of the obstacles in expanding the micro enterprises is the fresh capital. In order to remedy this situation it need to apply for financing from the bank, unfortunately, the financing proposal is rejected by the bank due to lack of requirement to the bank that need to be fulfilled.
Therefore, some Islamic banks are trying to focus on micro financing; among others is Bank Rakyat Indonesia (BRI) Syariah. (source)


Business Director of BRI Syariah Ari Purwandono said that BRI Syariah will simplify the process and the requirement of micro financing for SME’s. “Actually, the requirement needed for financing are: license, collateral and financial report,” explained Ari.
Furthermore Ari said that its institutions will assist the clients to fulfill their requirement for financing proposal, such as assisting to create financial report.
“for micro enterprises we will assist to create financial data, other requirements are: a license from the head of traditional market and a certificate of land/building if there is no authenticate certificate, the temporary certificate is acceptable, it means that the requirement for micro financing is simplified”, exclaimed Ary.[ul]

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