MSMEs Finance refers to providing financial resources to MSMEs for commercial activities. This includes production, operations, and growth initiatives, as outlined in Law No. 152 of 2020 promulgating MSMEs Development Law.
MSMEs Finance is a main tool to attract more people from low-income backgrounds and those without a lot of financial resources involved in the economy.
When micro and small business owners have access to loans and other financial tools, it creates a ripple effect. It helps reduce unemployment, boosts low-income families, and overall, leads to more investment and job opportunities within the national economy.