Askrindo's KUR Guarantee Program Achieves Rp1.096 Trillion Milestone

Significant Contribution to MSME Sector

PT Asuransi Kredit Indonesia (Askrindo) has successfully reached a significant milestone in its Kredit Usaha Rakyat (KUR) guarantee program, with total guarantees amounting to Rp1.096 trillion between 2007 and September 2025. This achievement underscores Askrindo's crucial role in supporting Indonesia's micro, small, and medium enterprises (MSMEs) through enhanced financial inclusion.

Key Highlights of KUR Program

The KUR program, guaranteed by Askrindo, has made a substantial impact on the MSME sector by supporting 35.8 million debtors. This support has not only helped these businesses survive but also contributed to job creation, with an estimated 61.8 million jobs generated across the country. The collaboration between Askrindo and 26 banking partners has been instrumental in achieving this milestone, demonstrating the effectiveness of public-private partnerships in driving economic growth.

Impact on Financial Inclusion

Askrindo's efforts in guaranteeing KUR loans have significantly enhanced financial inclusion in Indonesia. By providing guarantees, Askrindo has enabled MSMEs to access credit that might otherwise be unavailable due to lack of collateral. This has been particularly beneficial for small business owners who lack the necessary assets to secure loans through conventional means.

Future Prospects

The success of Askrindo's KUR guarantee program highlights the importance of continued support for MSMEs in Indonesia's economic development. As the Indonesian economy continues to evolve, the role of institutions like Askrindo in providing financial guarantees will remain critical. The company's commitment to fostering growth among MSMEs is expected to have long-term positive effects on the nation's economic stability and growth.