KUR (Micro-credit support) Program, Bank Syariah Mandiri

KUR (Micro-credit support) Program

PROGRAM FEATURES	Investment	Working Capital
Target Market	All types of sharia-approved industry SME & Micro and Cooperatives currently non bank debtors and/or non beneficiary of credit programs, except debtors of consumer credit
Financing Limit	Micro segment up to Rp5 million (margin 22% –as of 12 Feb 2010) Retail segment : Rp5 million – Rp500 million (margin 14% – as of 12 Feb 2010)
Coverage Area	All branch offices
Tenor	Maximum5 (five) years	Maximum 3 (three) years
Collateral	Main collateral: the financed project Additional collateral: economic-valued goods
Financing Scheme	Inti – Plasma (Nucleus – Plasma Scheme) Production relationship between the nucleus and the plasma Nucleus company acts as purchase guarantor of the plasma  production Financing guarantee from the nucleus company and/or end-user Partnership Integrated partnership pattern between the company/group/cooperatives and the financed end-user Well-defined rights and obligations between the company/group/cooperatives and the financed end-user Financing guarantee from the company/group/cooperatives and the financed end-user