Bali, Indonesia- September 7, 2013Agenda Item # 2.12

Indonesian Experiences In Fostering Woman Entrepreneurs

Linda Amalia Sari GumelarState Minister for Women Empowerment and Child Protection

The Republic of Indonesia

1

1. Women entrepreneurs have been making a considerable impact in almost all the segments of the economy.

2. Their role depends to a great extent on economic, social, religious, cultural and psychological factors prevailing in the society.

3. Through joint initiative, it will reduce obstacles to women entrepreneurs to ensure their participation in the regional development.

Background

2

1. Lack of equal opportunities in certain industries

2. Limited access to productive resources (finance, technology, human resources, etc)

3. Relatively low in capacity and productivity4. Most of them engage in informal sector

Challenges

3

1. Fostering entrepreneurship.2. Enhancing access to finance.3. Strengthening institutional capacity.4. Affirmative policy initiatives.5. Collaborative actions among relevant

bodies.

Strategies

4

1. Entrepreneurship Training Program.2. Entrepreneurship Campaign.3. Entrepreneurship Expo.4. Financial support.5. Technology support.

Fostering Entrepreneurship

5

National Entrepeneurship Movement (the NEM).

6

Entrepreneurship Training Center

7

1. Government grant to support start-up businesses particularly women owned businesses.

2. Encouraging angel investors to support creative and innovative businesses.

3. Promoting venture capitals at national and provincial level.4. Establishing nation wide credit guarantee scheme owned by

Government and private sectors.5. Encouraging banking sectors to provide credit for SMEs so called

People Business Credit (KUR).6. Providing revolving fund channeled through special revolving

fund agency (LPDB)

Access to Finance

8

Financial Schemes

(KUR & LPDB)

9

People Business Credit (KUR)

•Launched since Nov. 2007•Total debtors are 9.06 million •Total credit disbursed IDR 121.79 trilliun (USD 12.179 billion)•Up to July 2013, total credit disbursed IDR 23.99 trilliun (USD 2.399 billion) with total debtors 1.38 million•NPL of KUR 3.6 % on average•Distribution of KUR:•Trade sector 50.44 %•Agriculture 15.97 %•Manufacturing 2.85 %•Others 30.74 %

Revolving Fund Scheme(LPDB)

•Launched since 2008 particularly channeled through cooperative•Total borrowers are 2,457 debtors•Total loan disbursed IDR 3.703 trilliun (USD 0.37 billion)•Up to July 2013, total loan disbursed IDR 999.7 billion (USD 99.97 million) with total borrowers 638•NPL of Revolving fund is 0.03 % on average

1. Business formalization and licencing.2. Strengthening women business association,

women cooperatives, and women business group.

3. Strengthening networking among institutions responsible for women entrepreneurs promotion.

Strengthening Institutional Capacity

10

Thank You

11