Business Capital Assistance Provided for MSMEs in Maluku

Global Wakaf-ACT continues to expand the benefits of waqf. In Ambon, through the Waqf for Indonesian Micro Businesses, small businesses are provided with capital assistance without interest to help them develop.

One of the business owners in Ambon who received business capital assistance. (ACTNews)

ACTNews, AMBON – Global Wakaf – ACT continues to provide business capital assistance to MSMEs through the Waqf for Indonesian Micro Businesses (WMUMI) program. On, Thursday (3/25/2021), 11 small businesses received capital assistance from the WMUMI program. Hopefully, they will be able to thrive and develop amid the current pandemic.

Global Wakaf – ACT Maluku Program Coordinator Muhammad Syamsudin Mahu said that the program provided access to loans without interest to MSMEs in Ambon. In total, 100 businesses spread across four districts in Ambon have benefitted from this assistance. The types of business vary, but most of them are food sellers.

"Support for small and micro businesses is urgently needed so that they can survive in the midst of uncertainty caused by the pandemic," he explained.

One of the beneficiaries was Sri Rahayu. The woman who sells lontong sayur and gado-gado in Lorong Putri area, Batu Merah, Sirimau was pleased with the capital assistance. During the pandemic, the declining customers has also led to the decrease in her income.

"Alhamdulillah, now that we received capital assistance, we hope to be able to increase our turnover,” hoped Sri.

Recently, MSMEs on Batam Island of Riau Islands Province has also benefitted from the capital assistance. In addition, Global Wakaf – ACT also provided business coaching to help improve these businesses for the better. []