LKD INCORPORATION

The Minister of Village, Tertinggal Regional Development (Mendes PDTT) Abdul Halim Iskandar (right) along the Chairman of the Board of Commissioners of the Financial Services Authority (OJK) Wimboh Santoso (left) and the Governor of East Java Khofifah Indar Parawansa (the middle) provided the description of the Village Financial Institution (LKD) in Grahadi State Building, Surabaya, East Java, Wednesday (21/10/2020). OJK supports the PDTT Kemendes program to establish and develop along the Village Financial Institution (LKD) which is a Micro Financial Institution (LKM) business unit of the Joint Village Owned Enterprise (BUMDESMA). The establishment of LKD produced transformation from Ex-Employment Management Unit (UPK) National Program of Community Empowerment (PNPM) Mandiri of the village in line with OJK’s commitment to continue improving and developing village economy to encourage the welfare of society especially in rural. ANTARA PHOTO/Zabur Karu/foc.