Kramat Jati market traders join Bank Jakarta’s mass credit agreement

Bank Jakarta brought its lending programme directly to traders at Kramat Jati Wholesale Market, extending about 48 billion rupiah to 167 businesses in a mass credit agreement.

The financing could grow further because the market contains more than 5,000 places of business. Bank Jakarta presented the programme as an effort to widen access to finance for microbusiness operators in one of Jakarta’s major public markets.

“We do not want traders to be busy looking for a bank. Bank Jakarta must become closer and be present among the traders,” President Director Agus H. Widodo said during an agreement ceremony for 100 traders on Tuesday, September 1, 2026.

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We do not want traders to be busy looking for a bank. Bank Jakarta must become closer and be present among the traders.

Widodo said the bank would judge the programme by what the loans achieve for traders, not simply by the amount disbursed. “For Bank Jakarta, success is not measured by how much credit we distribute. True success is when the financing helps traders’ businesses grow, turnover increases, jobs are created, and more Jakarta MSMEs move up,” he said.

Bank Jakarta operates 243 Micro Centres across Jakarta to extend its reach. The agreement ceremony was witnessed by Jakarta Deputy Governor Rano Karno, the provincial government, Perumda Pasar Jaya and other stakeholders. The partners said the cooperation was intended to strengthen financing access and business development for microenterprises in Jakarta’s traditional markets.

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For Bank Jakarta, success is not measured by how much credit we distribute. True success is when the financing helps traders’ businesses grow, turnover increases, jobs are created, and more Jakarta MSMEs move up.