Recovering Micro Business, City Issues Business Permits, Credit Agreements and Cooperative Establishment Deeds

I congratulate all of you who have obtained a micro business license, received a credit certificate and a cooperative permit, which today is officially inaugurated

The COVID-19 crisis has made an impact on the activities of Micro, Small and Medium Enterprises (MSMEs) which suffered a lot of losses. To face it, the city administration is committed to recovery it through the large-scale social collaboration (KSBB) program in the MSME sector.

Its recovery is realized by relaxing the issuance of Micro, Small Business Permits (IUMK), Business Credit Agreements and Submission of Cooperative Establishment Deeds in 21 Priority Villages spread across 10 sub-districts in Business permit of micro small enterprises (IUMK), Business Credit Agreements and Submission of Cooperative Establishment Deeds in 21 priority villages spread over 10 sub-districts in Jakarta.

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Jakarta Governor Anies Baswedan along with his partner Ahmad Riza Patria, officially inaugurated the program online at the Jakarta City Hall, on Friday (9/11).

"I congratulate all of you who have obtained a micro business license, received a credit certificate and a cooperative permit, which today is officially inaugurated," the governor expressed, as quoted by Jakarta PPID's press release.

According to him, it was a priority for his party thus the city provided opportunities for micro business actors to develop.

"We hope that you can make the best use of these conveniences to further expand your business from micro to medium to large scale later. As for those who have access to credit must maintain creditors' trust by complying with all provisions," he added.

So, he wanted them to maintain the trust of customers and financial institutions as business activities are activities of trust, as well as run every business activity carried out with a commitment thus micro businesses develop.

"It is our desire to thrive in business. We want Jakarta to be just, we want everyone to have the opportunity to develop progress considering our job is to raise the small ones and provide equal opportunities," he concluded.