KlikUMKM: Unsecured Online Loan Application for MSMEs in Indonesia
KlikUMKM is an unsecured online loan application that provides lending and borrowing services for micro, small, and medium enterprises (MSMEs) in Indonesia. It is licensed and supervised by the Indonesian Financial Services Authority (OJK) with registration number S-190/NB.
One of the key features of KlikUMKM is its commitment to cost transparency. The application ensures that there are no hidden fees for borrowers. The loan period ranges from 61 days to a maximum of 12 months, with daily interest rates varying from 0.075% to 0.8% and annual interest rates ranging from 27% to 30%. Additionally, there is a service fee that can be between 0% to a maximum of 6% of the funds disbursed to the loan recipient.
The registration process with KlikUMKM is practical and easy, allowing MSMEs to quickly access the loan services. Once registered, the loan disbursement process is initiated after passing the KlikUMKM verification process. Repayment can be made conveniently anywhere and anytime via ATM transfer and mobile banking. KlikUMKM also provides customer service support through its online service available in the application or via phone.
To ensure privacy and security, KlikUMKM follows OJK guidelines and only accesses the camera, microphone, and location on the user's cellphone. The application requires users to be over 18 years old, have an e-KTP, and be a member of an association. The application process involves downloading the KlikUMKM app, creating an account, providing personal data, and undergoing a scoring process for loan approval.
Overall, KlikUMKM offers a convenient and transparent online loan application for MSMEs in Indonesia, providing access to funding for their business needs.
