{
    "success": true,
    "data": {
        "id": 1634382,
        "msgid": "discussing-kopdes-prabowo-reveals-real-human-oppression-in-indonesia-1774435918",
        "date": "2026-03-25 16:45:08",
        "title": "Discussing Kopdes, Prabowo Reveals Real Human Oppression in Indonesia",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Social Policy",
        "summary": "President Prabowo Subianto has outlined the rationale behind establishing the Merah Putih Village Cooperatives, emphasising the need to address the financial hardships faced by farmers and the poor who often resort to exploitative moneylenders charging 1% daily interest. He highlighted the stark contrast in lending rates, where microcredit for the poor reaches 24% annually, compared to just 7-12% for large conglomerates, labelling this disparity as human oppression. The initiative aims to provide affordable credit at rates below 6% per year to reduce inequality and improve access to financing for rural communities.",
        "content": "<p>Jakarta, CNBC Indonesia - President Prabowo Subianto has explained\nthe reasons for building the Merah Putih Village Cooperatives. He stated\nthat he is considering the fate of farmers and the poor. Prabowo\nrecounted the difficulties farmers face in accessing financing, leading\nthem to turn to moneylenders with suffocating debt interest rates. As is\nknown, farmers\u2019 incomes align with the harvest season every three\nmonths. Meanwhile, during the rice planting period, farmers often\nencounter significant expenses requiring substantial funds,\nnecessitating borrowing. \u201cSomeone reported to me, \u2018Sir, it\u2019s hard, sir,\nwe need to improve the fate of the farmers.\u2019 Why? Because farmers\nharvest only after 120 days, and within those 120 days, sometimes their\nwife falls ill, so they need to borrow money. Who do they borrow from?\nFrom moneylenders on the land. And those moneylenders are terrifying.\nThey charge 1% per day. Can you imagine that?\u201d he said. Not only\nfarmers, but according to Prabowo, the fate of most poor people in\nIndonesia is also severely hampered by a financing system with\nexorbitant interest rates. \u201cHow can the poor be charged 1% per day?\nThat\u2019s one thing. So now, with the Merah Putih cooperatives, we will\nprovide cheap credit. Cheap credit. I asked, even microcredit is now\n24%. The poor at 24%,\u201d Prabowo added. He compared this to the\nlow-interest facilities given to the wealthy, which can create financing\ndisparities. \u201cSorry, large entrepreneurs and conglomerates get how much?\n7%, 8%, at most 9%, 10%, say 12%, the small people 20%, I say no, the\nMerah Putih cooperative must be below that. If necessary, 6% per year.\u201d\nPrabowo described this inequality as \u201coppression of human by human. How\ncan the poor be charged 1% per day?\u201d<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/discussing-kopdes-prabowo-reveals-real-human-oppression-in-indonesia-1774435918",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}