PNM Prepares Mekaar Financing Ecosystem with 8% Interest Rate
Jakarta - The adjustment of the PNM Mekaar interest rate to 8% is being seriously prepared for the implementation stage. Following the announcement of the interest rate adjustment decision, PT Permodalan Nasional Madani (Persero), together with relevant ministries and institutions, is preparing the various instruments needed so that the benefits of more affordable financing can be felt by customers targeted for September 2026.
This step is an important part of ensuring that the interest rate adjustment policy can be implemented in a well-targeted manner and operate effectively on the ground. The government previously stated that the adjustment of the PNM Mekaar interest rate to around 8% is targeted to take effect in early September 2026.
PNM President Director Kindaris said that to pursue this target, a number of processes are being prepared simultaneously. In parallel with the preparation of the Minister of Finance Regulation (PMK), the Ministry of Finance together with PNM is also intensively preparing the Programme Credit Information System (SIKP) connected to a host-to-host mechanism.
On the other hand, PNM is also beginning to prepare a Financing Cooperation Agreement with the Ministry of Micro, Small, and Medium Enterprises (KUMKM), while also seeking liquidity support from state-owned banks coordinated by Danantara.
According to him, all of these processes are running in tandem because the implementation of financing with a more affordable interest rate requires comprehensive ecosystem readiness. Starting from the regulatory foundation, administrative and system mechanisms, financing cooperation schemes, to liquidity readiness, all need to be ensured to run in a harmonious sequence so that the implementation target in September 2026 can be achieved properly.
He emphasised that for PNM, accelerating these preparations is a commitment to translating government policy into benefits for ultra-micro entrepreneurs.
“The interest rate adjustment is not only about changing financing costs, but also about how more affordable access to capital can provide greater room for customers to start and develop businesses, maintain business sustainability, and improve family welfare,” he said, quoted from a written statement on Thursday (20/8/2026).
Kindaris said PNM will ensure that all preparation processes are carried out optimally so that the policy can provide the widest possible benefits for grassroots communities.
“Financing and empowerment must be able to provide increasingly broad benefits for ultra-micro entrepreneurs. Because for us, more affordable access to financing must go hand in hand with mentoring and empowerment, so that the benefits are not only felt today, but also help customers grow and become more independent,” said Kindaris.
This commitment is in line with PNM’s character of integrating financing with empowerment. Through business mentoring, capacity building, financial literacy, and network strengthening, PNM seeks to ensure that access to financing becomes part of the process of business development and improving customer welfare.
“With all implementation instruments being prepared simultaneously with relevant ministries, institutions, and partners, PNM is targeting the process towards implementing PNM Mekaar financing with an 8% interest rate to proceed as planned in September 2026. This step is expected to further expand the space for ultra-micro entrepreneurs to develop their businesses while strengthening the family economy from the most basic level,” he concluded.