{
    "success": true,
    "data": {
        "id": 1588079,
        "msgid": "catering-to-msmes-needs-and-ticket-purchases-as-pindar-financing-trend-rises-in-ramadan-1772636426",
        "date": "2026-03-04 20:45:15",
        "title": "Catering to MSMEs\u2019 Needs\u2014and Ticket Purchases\u2014as Pindar Financing Trend Rises in Ramadan",
        "author": "Aprillia Ika",
        "source": "KOMPAS",
        "tags": "",
        "topic": "Finance",
        "summary": "AFPI reports that online lending financing (pindar) disbursements rise through Ramadan, driven by both consumer and productive financing. The rise includes MSMEs buying raw materials and Eid-related travel spending, with platform-only increases around 15%, not representative of the entire industry. December 2025 pindar financing grew 25.44% year-on-year to Rp 98.54 trillion, while TWP90 stood at 4.38% and problematic credit at 4.32%.",
        "content": "<p>JAKARTA, KOMPAS.com - The Indonesian FinTech Association for\nCollective Financing (AFPI) says the trend in distributing online\nlending financing (pindar) has continued to rise during Ramadan. AFPI\nPublic Relations Head Kuseryansyah said the increase in financing\ndisbursement came from both consumer and productive financing. \u2018During\nRamadan there is an uptick because many UMKM need to buy raw materials\ndue to higher sales,\u2019 he said at the \u2018Pindar Industry Research Briefing\nand Breaking Fast with the Media\u2019 event on Wednesday, 4 March 2026. He\nadded that on the consumer side there are also needs related to Eid\nal-Fitr, such as buying transport tickets for homeward travel. \u2018If you\nbuy tickets now the price may still be normal; if you leave it until\nlate, when the THR arrives prices could be higher,\u2019 he said.<\/p>\n<p>Overall, he revealed that pindar financing disbursement during\nRamadan has consistently increased year after year. \u2018At my platform\nthere was about a 15 percent increase, but that is on one platform and\ndoes not represent the industry,\u2019 he said. \u2018That is normal, really,\nbecause they need liquidity quickly for buying tickets or other needs,\u2019\nhe added. Eko explained that when consumption rises, loan trends\ntypically rise as well, including in banking and non-bank financial\ninstitutions. \u2018Usually both experience a harvest season in this context\nas we approach Eid,\u2019 he closed.<\/p>\n<p>In December 2025, pindar financing grew by 25.44 percent\nyear-on-year, to Rp 98.54 trillion. Meanwhile, the aggregate credit risk\ndefault rate (TWP90) remained at 4.38 percent. In December 2025, the\nlevel of problematic credit stood at 4.32 percent.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/catering-to-msmes-needs-and-ticket-purchases-as-pindar-financing-trend-rises-in-ramadan-1772636426",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}