Ministry of Migrant Worker Protection Launches KUR for Migrant Workers, Here Are the Benefits
Jakarta, CNBC Indonesia — The Ministry of Migrant Worker Protection Indonesia (P2MI) has launched a People’s Business Credit (KUR) programme for Indonesian Migrant Worker Placement as an effort to strengthen access to financing for prospective Indonesian migrant workers (CPMI).
Minister of P2MI Mukhtarudin stated that the programme was launched to address CPMI who struggle to access financing for working capital abroad. The KUR can provide safe, affordable, and transparent financing access to CPMI.
“The KUR Indonesian Migrant Worker Placement programme is here as a joint step to strengthen access to safe, affordable, and pro-CPMI financing,” said Mukhtarudin in his remarks on Wednesday (11 March 2026).
Mukhtarudin added that many CPMI struggle to access financing for working capital abroad, with many taking out regular loans with high interest rates of 12%.
“This is an option provided by the government because many migrant workers have been forced to borrow from financing sources that sometimes carry very high interest rates, which can reach 12%,” he continued.
Through this KUR programme, CPMI can obtain financing with a maximum ceiling of Rp100 million and interest rates of 6% for various placement needs such as training, competency certification, work visa processing, departure tickets, and accommodation.
“This means CPMI are no longer burdened with excessive costs. We are committed to providing easy access to safe and affordable financing, so that the placement process can proceed more safely and as planned,” he said.
In addition, the launch of this KUR also recognises the significant contribution of migrant workers to Indonesia’s economy.
“Migrant workers have already made a major contribution to Indonesia’s economy and are an important part of national development. Therefore, the state must ensure that every CPMI receives access to information, fair financing, and protection from the early stages of the placement process,” he said.