Askrindo Strengthens MSME Support Through Enhanced Financing

Expanding Access to Credit Facilities

PT Asuransi Kredit Indonesia (Askrindo), a member of Indonesia Financial Group (IFG), continues to strengthen its support for Micro, Small, and Medium Enterprises (MSMEs) through various initiatives. The company has collaborated with 26 banks that distribute People's Business Credit (KUR), a government-backed loan program designed to boost MSME growth.

Comprehensive Support Program

Askrindo's support extends beyond mere financial guarantees. The company has implemented a comprehensive assistance program that includes continuous capacity building for MSME players. This initiative aims to enhance the business capabilities of MSMEs, making them more resilient and competitive in the market.

Significant Milestone Achieved

As of September 2025, Askrindo has achieved a significant milestone by recording a total guarantee volume of Rp 1,096 trillion since the inception of the KUR program in 2007. This figure underscores the critical role Askrindo has played in facilitating access to finance for MSMEs over the years.

Impact on MSME Growth

The collaboration between Askrindo and the 26 banks distributing KUR has been instrumental in promoting MSME growth. By providing guarantees and capacity-building programs, Askrindo has helped reduce the risk associated with lending to MSMEs, thereby encouraging banks to extend more credit facilities to this sector.