SME’s received the financial assistance from the BRI and Freeport

SME’s received the financial assistance from the BRI and Freeport

Role of the existing of small and medium enterprises in Indonesia continues to be fostered, and government place a special approach for Papua and West Papua region. Bina Utama Mandiri Foundation (Yayasan Bina Utama Mandiri – YBUM), PT Freeport Indonesia (PTFI), Local Government of Mimika Papua and PT Bank Rakyat Indonesia (BRI) put an effort together to assist local people who build the business.

For example is the establishment of Jamal Papua Mart in Kampung Utikini Baru, SP 12. The shop owned by local residents, Clara Magai and Munadi. Both received a financial assistance to start their business and so far, total of 5 stores have been established. The existance of Jamal Papua Mart is a testament to the provision of assistance to small entrepreneurs in this area.

At the inauguration of said shop took place last week attended by the Head of Women Empowerment, Child Protection and Family Planning (Badan Pemberdayaan Perempuan, Perlindungan Anak, dan Keluarga Berencana – BP3KB) for Mimika Regency, Alice I Wanma, Head of Cooperative and Creative Economy Department, Cherly Lumenta, and Sukarno, Head of PT. Bank Rakyat Indonesia (BRI), one of the largest state owned banks in Indonesia, specialises in small scale and microfinance style, Branch of Mimika.

Further, Sukarno stated that BRI always support in terms of financial management, assisting the development of SME’s business. With the situation already generated, there will be an economic increase for the local community, he added. The small entrepreneur received assistance not only capital but also benefitted from a designed and tailored made for mentoring in fostering changes in mindset to be disciplined administration and finance then the success will be enormous.

Lumenta from PTFI claimed that without any support and also collaboration between local government, and PTFI, it will be very hard to lift the populist economy. It is aimed that the program can improve the economy of local communities so that they can compete with migrants in Mimika Regency.

Show owner, Magai, underlined her statement that all Papuans, especially indigenous Papuans and women, can struggle and establish the same business like she did, having a chance to do something big in their own land. By doing so, the indigenous people of Papua can get advanced in the land of Papua as well as those who come to other Mimika and other regency.

Munadi, husband of Clara Magai, said show owner, claimed that the name of Jamal is an amalgamation of Java and Damal which represents Java as his place or origin and his wife, Clara Magai, who came from the tribe Damal.

He just got an offer to develop his business in 2010 from YBUM, in the form of a loan of Rp. 3 million. Then in 2014 got another loan of Rp. 15 million and the last in 2017, he received a funding of Rp. 50 million. The installment of the loan made per month, in addition to being given a loan, they were also given assistance and visits to another business owner who are already success aimed to learn from their success story, said Munadi as closing statement.

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