Increase UMKM credit distribution

Traders serve buyers in traditional markets on Jalan Jepara, Surabaya, East Java, Tuesday (15/10/2024). Financial Services Authority (OJK) recorded the distribution of micro, small and medium business credits (UMKM) in August 2024 by Rp1.474 trillion or grew 4,42 percent year on year (yoy) compared to August 2023 of Rp1.412 trillion due to the influence of factors among which the incentive administration and subsidies of credit interest through the public business credit (KUR) by the government and stable economic growth so that the demand for goods and services of the UMKM sector rises. ANTARA FOTO/Didik Suhartono/nym.