PNM and Danantara Strengthen Governance to Expand Financing Access for 23.1 Million Underprivileged Women

The governance strengthening undertaken by PT Permodalan Nasional Madani (PNM) together with Danantara is considered crucial capital for expanding financing access and empowerment for underprivileged communities, particularly women engaged in ultra-micro enterprises. To date, PNM has served 23.1 million customers across Indonesia. This achievement positions PNM as one of the world’s largest empowerment and financing institutions for underprivileged women. The governance reinforcement not only impacts the institutional aspect but also drives improvements in service quality, accountability, and the effectiveness of financing distribution to community groups previously unreached by formal financial services. Since joining the Danantara ecosystem, the presentation of company information has also been strengthened through a more data-driven approach based on real conditions in the field. This step is deemed important to ensure the company’s management operates transparently and sustainably. PNM President Director Kindaris stated that Danantara’s support is an integral part of strengthening the company’s efforts to deliver empowerment programmes that have a greater impact on the community. “For us, growth is not merely about numbers, but about more underprivileged women having the opportunity to rise, do business, and improve their families’ lives,” Kindaris said in a statement on Tuesday (23/6/2026). According to him, the governance strengthening carried out by the company must be directly proportional to the improvement in the quality of financing distribution and business mentoring for customers. Thus, the programme’s benefits do not stop at capital access but also encourage increased business capacity and family welfare. Meanwhile, Danantara Chief Operating Officer and Head of the State-Owned Enterprise Management Agency Dony Oskaria appreciated the performance improvement of several SOEs, including PNM, which is considered capable of exceeding set targets. According to Dony, this performance improvement aligns with the commitment to strengthen transparency and accountability within the SOE environment. PNM also continues to expand its service reach to underdeveloped, frontier, and outermost (3T) regions. This step is taken to reach women ultra-micro entrepreneurs who have long faced limited access to banking and formal financing services. Kindaris emphasised that this service expansion is part of the company’s commitment to narrowing the financing access gap between urban communities and remote areas. “Together with Danantara, PNM wants to ensure that empowerment benefits are delivered with better governance, higher quality distribution, and a spirit that remains close to the community. So that there is no longer a gap in financing and empowerment access for those living in urban areas or at the edges of Indonesia,” said Kindaris. The governance strengthening and service expansion are considered important factors in promoting more equitable financial inclusion while simultaneously strengthening the grassroots economy through the empowerment of women ultra-micro entrepreneurs in various regions.