especially for lower class SMEs, we provide support through loans, especially pledges, because procedurally the mechanism is simpler
Jakarta (MidLand) – PT Pegadaian Finance and Strategic Planning Director Ferdian Timur Satyagraha said his party is trying to help MSMEs mitigate the impact of climate change by providing sustainable social financing (Sustainable social loan) amounting to IDR 2 trillion in 2024.
“We provide this to people affected by climate change, especially lower class MSMEs support “through loans, especially pledges, because from a procedural point of view the mechanism is simpler,” Ferdian Timur Satyagraha said in Jakarta on Wednesday.
According to him, it is often assumed that the issue of climate change concerns only the mining and oil sectors, even though there is a correlation between this issue and the financial industry and community economic activities, for example in the agricultural sector.
According to him, climate change could lead to a reduction in the capacity of agricultural production assets and the quality of production of MSMEs operating in this sector.
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“Pawn shops continue to supply supportwhich we definitely have social loanwe have social welfare and we finance (MSME players) as part of it Jack “ultramicro, we finance related ultramicro loans in the amount of less than IDR 10 million,” Ferdian said.
He said that most of Pegadaian’s total customers have reached more than 24 million customer apply for loans of less than IDR 10 million with an average loan per customer of between IDR 6 and 7 million.
However, he said the impact of climate change will not increase immediately Bad loan (NPL) or the customer’s bad credit becomes high.
“The correlation (climate change impact) related to NPLs is there, but for those in the pawning industry it will be lower than the (NPL) position in the non-pawning or banking industry,” Ferdian said.
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Pewarta: Uyu Septiyati Liman
Editor: And Salim
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