{
    "success": true,
    "data": {
        "id": 1381747,
        "msgid": "govt-aids-small-ventures-1447893297",
        "date": "1998-12-24 00:00:00",
        "title": "Govt aids small ventures",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "Govt aids small ventures JAKARTA (JP): The government is allocating Rp 68 billion in revolving funds to be channeled to 1,000 groups of small-scale entrepreneurs, Minister of Cooperatives and Small Enterprises Adi Sasono said on Wednesday. \"We (the ministry) received Rp 68 billion in addition to our expenditure budget to develop the Institute of Productive Economy for Self-Sufficient Society,\" Adi told a media briefing.",
        "content": "<p>Govt aids small ventures<\/p>\n<p>JAKARTA (JP): The government is allocating Rp 68 billion in<br>\nrevolving funds to be channeled to 1,000 groups of small-scale<br>\nentrepreneurs, Minister of Cooperatives and Small Enterprises Adi<br>\nSasono said on Wednesday.<\/p>\n<p>\"We (the ministry) received Rp 68 billion in addition to our<br>\nexpenditure budget to develop the Institute of Productive Economy<br>\nfor Self-Sufficient Society,\" Adi told a media briefing.<\/p>\n<p>Each of the 1,000 groups will receive Rp 59 million to be used<br>\nto develop their businesses. Group, comprising at least 50<br>\npeople, can operate in production, distribution or savings and<br>\nloans businesses, he said.<\/p>\n<p>Adi said the government would also provide a microcredit<br>\nscheme for urban small businesses, such as street vendors, which<br>\nin the past were faced with procedural barriers in obtaining bank<br>\nloans.<\/p>\n<p>The credit scheme is in addition to the 16 other schemes<br>\noffered by the government to small and medium-scale businesses.<br>\n(das)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/govt-aids-small-ventures-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}