BT helps small businesses

BT helps small businesses

JAKARTA (JP): Bankers Trust Indonesia, the representative
office of Bankers Trust, provided a US$140,000 grant yesterday to
Bina Swadaya, one of Indonesia's leading non-governmental
organizations (NGO), to support the development of small
businesses.

Bankers Trust country manager for Indonesia Irwan Habsjah said
the grant to be disbursed in two years would be used to finance
small businesses in Jakarta, Bogor and Bekasi.

Bina Swadaya president Bambang Ismawan said the fund would be
used to finance technical assistance for the community self-help
group in Kampung Melayu, East Jakarta and Palmeriam, West
Jakarta.

The fund would also be used for capital services for small
enterprises in Jonggol and Parung subdistricts in Bogor, and
Cibarusah subdistrict in Bekasi.

Bankers Trust, a leading financial institution in the United
States which has been active in Indonesia for 25 years, has been
involved in funding projects which help develop society. (gis)