The Revolving Fund Management Institution (LPDB) for Cooperatives has\nemphasised that applications for revolving fund financing are free of\ncharge and the entire process is conducted digitally, allowing\napplicants to monitor progress in real-time.<\/p>\n
LPDB Cooperatives President Director Krisdianto stated that the\ndigitalisation of the application process aims to improve service\nquality while providing ease and transparency for cooperatives in need\nof financing. \u201cLPDB Cooperatives exists so that cooperatives have access\nto financing that is easy, affordable, and suited to their business\nneeds,\u201d Krisdianto said in a statement received in Jakarta on\nMonday.<\/p>\n
He explained that financing applications are made digitally through\nthe e-Proposal application. According to him, prospective partners can\nalso monitor the progress of their application via the dashboard\navailable in the application without having to visit the LPDB\nCooperatives office in person. Krisdianto also stressed that the entire\nrevolving fund application process is free of charge.<\/p>\n
He said the system is part of LPDB Cooperatives\u2019 efforts to build\ntrust among cooperatives in the official financing channels provided by\nthe government. Krisdianto further explained that LPDB Cooperatives is a\nPublic Service Agency under the Ministry of Cooperatives tasked with\nstrengthening cooperative capital through revolving funds, using either\nconventional or sharia financing schemes according to the cooperatives\u2019\nneeds.<\/p>\n
In an effort to expand financing access, LPDB Cooperatives recently\nheld a partner gathering attended by 36 real-sector cooperatives from\nvarious regions in Indonesia. The activity is expected to provide\ncooperative administrators with an understanding of the application\nmechanism, the analysis process, and the disbursement of revolving\nfunds, including financing governance.<\/p>\n
On the disbursement side, LPDB Cooperatives has channelled IDR 1.07\ntrillion in revolving funds throughout the first half of 2026. This\nrealisation consists of IDR 313.6 billion for savings and loan financing\nand IDR 760.1 billion for real-sector financing. LPDB Cooperatives is\ntargeting total revolving fund disbursement of IDR 2.1 trillion\nthroughout 2026. Krisdianto said the partner gathering activities will\nbe held on several future occasions to capture the market development\npotential of real-sector cooperatives, while supporting the achievement\nof the 2026 revolving fund disbursement target.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/lpdb-confirms-cooperative-revolving-fund-applications-are-free-and-can-be-monitored-1786377334", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }