Mandiri Micro Business Credit (KUM) is a credit given to micro entrepreneurs to finance profitable business needs either for investment needs or for working capital needs.

• The credit process is quick and easy.
• Mild credit requirements.
• Limit up to IDR 500 Million.
• The term is up to 5 years.
• Collateral is in the form of the financed objects & fixed assets.
• Competitive Interest rates with montly fixed installments.

• Limit ≤ IDR 50 Million
  Provision Fee is 0.5% of the limit and Administration Fee of IDR 50 thousand.
• Limit > IDR 50 Million
  Provision Fee is 1.0% of the limit and Administration Fee of IDR 100 thousand.

• KUM Top-up/Refill Customers
  • What is a KUM Top Up/ Refill Customer?
    KUM Top Up/Refill Program is a program prvided to active debtors who currently have obtained KUM financing facilities and require additional capital by reapplying for financing facilities back to the initial limit or exceeding the initial limit.
  • What is the purpose of the KUM Top Up/Refill Program?
    This program is intended to provide attractive interest rates for KUM debtors who need additional capital to top-up their credit limits.
  • Who can obtain KUM Top Up/Refill facility?
    Selected debtors who already have KUM facilities.
  • What benefits will debtors get from KUM Top Up/Refill applications?
    Upon applying for KUM Top Up/Refill financing, debtors will get an attractive interest rate of 0.76% Flat p.m with a limit of up to IDR 500 million.
• Kawan Lama Customer
  • What is meant by KUM Kawan Lama Customer?
    KUM Kawan Lama program is a program which is provided to debtors who have had micro business credit facilities but have paid off and have a current collectability history status.
  • What is the purpose of the KUM Kawan Lama Program?
    This program is intended to offer again the financing facility applications to Bank Mandiri’s customers whose credit facilities have been paid off, either from People's Business Credits (KUR) or micro business credits (KUM).
  • Who can obtain part in KUM Kawan Lama Program?
    Ex Debtors of KUR & KUM who have been selected whose credit facilities of them have been paid off and with a current history status.
  • What benefits will debtors get by appling for KUM Kawan Lama?
    Upon applying for KUR/KUM financing, prospective debtors will get an attractive interest rate of 0.76% flat p.m with a limit of up to IDR 350 million.
• KUR Graduation Customers
  • What is a KUR Graduation Customer?
    KUR Graduation Program is a program providing additional facilities for active debtors of the People's Business Credit (KUR) facility which has been converted to a Micro Business Credit (KUM) facility.
  • What is the purpose of KUR Graduation Program?
    This program is intended to facilitate KUR debtors who have been matured in business and need additional financing facilities for additional business capital.
  • Who can obtain the KUR Graduation facility?
    Selected debtors who currently have obtained KUR facilities.
  • What benefits do debtors get when applying for KUR Graduation?
    Upon KUM financing application, prospective debtors get an attractive interest rate of 0.76% flat p.m with a limit of up to IDR 500 million.
• New Application Customer
  • What is a New Application Customer?
    New Application Customer Program is a program to apply for KUM financing facilities for new customers who do not have any business credit history at Bank Mandiri.
  • What is the purpose of New Application Program?
    This program is intended to facilitate Bank Mandiri customers who need financing for profitable business capital.
  • Who can obtain New Application facility?
    Selected Bank Mandiri customers who have a certain history and are active in transactions and are included in the criteria for MSME businessmen.
  • What benefits will New Application debtors get?
    Upon applying for KUM financing, prospective debtors will get an attractive interest rate of 0,99% flat p.m with a limit of up to IDR 350 million.

• Indonesian citizen domiciled in Indonesia.
• Minimum of 2 years carrying on same business at same location.
• Minimum age of 21 or married. Maximum age of 60 at time when loan is fully repaid.
• Has never obtained a loan facility or has previously obtained or currently has a loan facility that is classified as performing or is not categorized as non-performing
• Documentary Requirements:
  • Copy of applicant’s identity card and copy of identity card of applicant’s spouse.
  • Copy of Family Registration Card
  • Copy of Marriage Certificate (for married applicant) or divorce certificate (for divorced applicant)
  • Copy of NPWP
• Business Identification Number (NIB), Business Certificate from the Village/Sub-district Head, Market Agency or Local Authority where the applicant has his/her business or Business License
• Copy of Mandiri Tabungan or Mandiri TabunganMU passbook issued in the name of the applicant.

Credit risks that may arise among others :

• Interest rate changes risk based on Bank's consideration or the Regulator's provisions
• Changes in economic and political conditions risk
• Liquidity risk
• Third party’s default risk
• Changes in laws and regulations risk
• Force majeure risk (natural disasters/extraordinary events)

INSTALLMENTS SCALE OF MANDIRI BUSINESS CREDIT

Debtor’ Name : XYZ
Flat interest rate : 0,99 % monthly flat
Time period : 36 month
Principal : 50.000.000
Installment/month : 1.883.889

For more information, please contact the nearest Bank Mandiri Micro Branch/Unit and Mandiri Call 14000.