Financing Helps Kramat Jati Market Traders Expand Their Businesses

For Rosmani Sitohang, financing from Bank Jakarta changed the scale of her onion business at Jakarta’s Kramat Jati Wholesale Market. She said profits have risen as much as fourfold since she received 108 million rupiah to strengthen her working capital.

“The market-trader financing program has been very helpful in developing my business. My profits can now reach four times as much,” Rosmani said at a mass signing ceremony for traders on Sept. 1, 2026. She called for the program to continue and reach more market traders, saying access to capital helps them maintain and expand their businesses.

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The market-trader financing program has been very helpful in developing my business. My profits can now reach four times as much.

Another trader, Ika Tiara, has received working-capital financing from Bank Jakarta several times. She previously secured 500 million rupiah and received a further 400 million rupiah in the latest round. She said the money would cover the cost of renting her business premises for the next 20 years, giving her greater certainty about where she could trade.

“The benefits are very substantial for traders trying to develop their businesses,” Ika said.

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The benefits are very substantial for traders trying to develop their businesses.

Jakarta Deputy Governor Rano Karno said capital support could increase the capacity of small and medium-sized businesses at the market. He praised cooperation between Bank Jakarta and Perumda Pasar Jaya in supporting small businesses and the community economy, but said formal financing needed to come with financial literacy.

One hundred traders took part in the mass credit agreement. The financing came through the government-backed KUR program and non-KUR facilities, with limits of up to 500 million rupiah. Rano said banks and traders should work together on financial management and expressed hope that the program could expand to other markets.

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There will certainly be dialogue between the bank and the traders to help each other with management so that the businesses can develop further. Hopefully, we can expand this program to other markets.