Basuki: Modal Credit as Education For Street Vendor
Reported by Rudi Hermawan | Translated by Cintya Meliza
The giving of modal credit aid for a number of guidance street vendors from Jakarta Micro Small and Medium Enterprises Cooperatives (KUMKMP) Department until this time only reaches hundreds billion. Whereas, Jakarta Provincial Government has prepared budget amounted to Rp 1 trillion for a year.
It's also as education process for street vendors then it will be visible which vendor really would like to develop their business
Jakarta Governor, Basuki ‘Ahok’ Tjahaja Purnama said that it is because many street vendors have not paid off credit payment.
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"Until this time, the budget distributed only Rp 200 billion, why? They even don't pay Rp 4,000, how is it going to be Rp 10 million," said Ahok, Tuesday (12/1).
He told, the aid giving is for the vendors to be more advanced and not depending on loan shark whose interest could be up to 50-60 percent.
"It's also as education process for street vendors then it will be visible which vendor really would like to develop their business," he disclosed.
