Kredit Koperasi

  • Product Features
    • KKPA
      Credit is provided to cooperatives to be distributed to their members; the use of credit is only for working capital
    • KKOP Installment
      Working capital and/or investment for all productive business sectors
    • KKOP RC
      Working capital for trading businesses
    • KKOP DO Sugar
      Working capital for sugarcane trading businesses/DO Sugar
  • Requirements
    • The cooperative and its management are not included in the bad credit list of banks or non-bank financing institutions
    • Already an incorporated legal entity
    • Within the last 3 (three) years prior to the credit application, the cooperative has held an Annual Member Meeting (RAT) 2 (two) consecutive times. For example, a cooperative applying for credit in 2020 but has not held an RAT in 2019 can use the RATs of 2018 and 2017
    • The NPL (Non-Performing Loan) of loans given to members and/or prospective members is a maximum of 5% (five percent)
    • For Cooperatives whose members have fixed incomes such as employee cooperatives, KPRI, TNI/Polri cooperatives, it is not mandatory to submit a cooperative rating, whereas cooperatives whose members do not have fixed incomes must submit a cooperative rating with a C qualification (fairly qualified) legalized by the Agency/Body in charge of cooperatives in the regency/city (exempted for the sugarcane sector)
    • Net Income (SHU) shows a positive position in the last 2 (two) years, specifically for the sugarcane sector with an avalist, SHU shows a positive position in the last 1 (one) year.
    • Obtain recommendation/permission/acknowledgment from authorized officials at an institution/company/agency/school/department/unit where the cooperative is established and operates (specifically for cooperatives whose members have fixed incomes)
    • Obtain written approval from all management and/or members (see Articles of Association/Bylaws/Deed of Establishment) of the cooperative to apply for credit
  • KKPA Credit
    • Product Description: Working Capital Credit provided by the Bank to Cooperatives, both Primary and Secondary Cooperatives, to be distributed or passed on as loans to their members using a Standby Loan pattern
    • Main Product Features:
      1. The purpose of use is productive
      2. Ceiling: The determination of the ceiling is based on the results of credit analysis by considering savings and loan business activities to members, the cooperative's credit needs and repayment capacity, as well as the number of members, the size of each member's needs, and the repayment capacity of each member;
      3. Interest rate: Minimum 9.50% p.a. annuity/effective floating rate or equivalent to a minimum of 5.26% p.a. flat fixed rate (tiering based on total ceiling)
      4. Credit Term:
        • Cooperatives whose members do not have a fixed income, maximum 4 years
        • Cooperatives whose members have a fixed income, maximum 7 years and not exceeding the remaining working period or retirement age
        • Cooperatives whose members are Civil Servants (PNS)/SOE Employees, maximum 15 years and not exceeding the remaining working period or retirement age
        • Sugarcane sector cooperatives, maximum 2 years.
    • Benefits:
      1. Cooperative liquidity is maintained because the BPR gets fresh funds for credit expansion again to members (end users)
      2. Gradual disbursement according to the Cooperative's needs so the Cooperative can determine the time to submit a credit disbursement request
      3. With gradual disbursement, there is Interest Efficiency (Cost Savings). Interest is calculated daily based on the amount of funds used.
    • Requirements:
      1. Passport photo, copy of ID Card (KTP) of all Management and Supervisors
      2. Copy of deed of establishment along with amendments, legal entity, minutes of the RAT legalized by the relevant Agency
      3. Copy of the accountability report book of the Management and Supervisors
      4. List of the composition of the Management and Supervisors
      5. List and number of Cooperative members
      6. Copy of Taxpayer Identification Number (NPWP)
      7. Financial Statements for the Last 2 Years
    • RIPLAY (Product or Service Information Summary)
      • The general version of RIPLAY (Product and Service Information Summary) is a standard document that contains comprehensive important information regarding financial products or services
      • KKPA Credit RIPLAY

For further requirements, terms, or information regarding our products, please contact Bank Jatim Info 14044 or visit a Bank Jatim Branch Office directly.