Boosting Grassroots Economy: PNM Mekaar Interest Rate Set at Eight Per Cent
Strengthening the people’s economy is an important part of driving more inclusive growth. This is in line with the directive of President Prabowo Subianto, which has been followed up by Danantara Indonesia. Furthermore, with government support enabling PNM to expand affordable financing access for small communities, ultra-micro entrepreneurs now have greater room to develop their businesses through the application of an 8% financing rate under the PNM Mekaar programme (Membina Ekonomi Keluarga Sejahtera).
This policy is part of efforts to strengthen access to formal finance while opening wider opportunities for the public to build economic independence. The move underscores a clear bias towards entrepreneurs at the grassroots level, particularly women ultra-micro entrepreneurs who have long been the drivers of family economies.
The availability of increasingly affordable financing is expected to give customers room to manage capital more optimally, maintain business continuity, and expand opportunities for growth. At the same time, expanding financing access is also an important part of encouraging more people to enter and develop within the formal financial ecosystem.
PNM President Director Kindaris said the policy is part of the company’s commitment to translating the government’s major agenda into benefits that can be felt directly by the public.
“The President’s directive to strengthen the people’s economy is a source of motivation for us to continue providing increasingly affordable financing access. For PNM, financing is not just about providing capital, but about how that access can become a gateway for ultra-micro women entrepreneurs to grow, become more independent, and improve their families’ welfare,” Kindaris said in an official statement on Thursday (13/8/2026).
Beyond capital access, the empowerment model integrates financing with business mentoring, capacity building, financial literacy, network development for customers, and social solidarity, requiring customers to attend and follow the mechanisms applicable within their groups. This approach makes the 8% interest rate part of a broader empowerment ecosystem, so that the benefits received by the public do not stop at capital access.
Through strengthening financial access and sustainable mentoring, PT Permodalan Nasional Madani (PNM) (Persero), part of the BRI Group, continues to encourage more ultra-micro entrepreneurs to have the opportunity to grow while taking a greater role in driving the people’s economy.