Bank Relationship Development Pattern Loans with Self-Help Groups
Get to know the product
A pattern of banking financial services to micro entrepreneurs who have not accessed banking services through a group approach to mobilize savings and provide credit facilities to develop micro businesses aimed at increasing the income of micro entrepreneurs.
Issuer Name
PT Bank Pembangunan Daerah Sumatera Selatan dan Bangka Belitung
Key Features
Maximum credit: Rp10,000,000 (ten million rupiah) per group member.
Term
Working capital credit: maximum 1 (one) year
Investment credit: maximum 3 (three) years
Risk
If there are payment arrears, the debtor's credit history will be recorded in the Financial Information Service System (SLIK)
There is an additional penalty fee if the debtor is in arrears of credit obligations
Collateral can be repossessed if payment obligations are not fulfilled in accordance with the Credit Agreement
Requirements
Credit facilities are provided to/on behalf of the Self Help Group (KSM).
Cost
Regarding the fees charged, please contact the nearest Bank Sumsel Babel Branch Office directly.
Additional Information
To get more information about Bank Sumsel Babel credit products, please visit the nearest Bank Sumsel Babel Branch Office or contact the Customer Care Hotline 1500711.
