Showing posts with label arrum. Show all posts
Showing posts with label arrum. Show all posts

Tuesday, October 25, 2011

INDONESIA - MICRO FINANCE - Micro Financing the Sharia Lonely Interested Pawnshop

REPUBLIKA.CO.ID, JAKARTA --- The distribution of micro-finance or Ar-Rahn for small micro enterprises (ARRUM) at the Pawnshop Sharia is still far from the target. This is because the interest in micro-financing of mortgages is still minimal.
Pawnshop Islamic microfinance as of September 2011 is still around Rp 80 billion. The number is still far behind this year's target is set at Rp 200 billion. "Our target was too optimistic, but we still try to increase until the end of the year," said General Manager Pawnshop Sharia, Suhardjo, Tuesday (25/10).  (source)