Global Wakaf – ACT Strives to Support MSMEs Affected by Public Activity Restrictions

Many MSME owners in several cities raise white flag after the impact of public activity restrictions (PPKM) hamper their businesses. Through the Waqf for Indonesian Micro Businesses (WMUMI), Global Wakaf-ACT continues to strengthen MSMEs amid pandemic.

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Sri Hastuti, a peanut seller in Surakarta who receives business capital assistance from Global Wakaf-ACT. (ACTNews)

ACTNews, JAKARTA – The rapidly-spreading COVID-19 has forced MSME owners to work hard to fulfill their daily needs. In several cities, some MSME owners raise white flags as a form of helplessness.

Aiming to support MSMEs so that they wouldn’t have to raise white flags, Global Wakaf-ACT provides business capital assistance for MSMEs through the Waqf for Indonesian Micro Businesses (WMUMI).

WMUMI Manager Budi Sulistiyo revealed, MSME owners no longer need to worry about whether or not their businesses will stay afloat during the pandemic. They can register to Aksi Cepat Tanggap (ACT) website to apply for business assistance.

 “We’ll conduct an assessment to make sure that the prospective beneficiaries meet our criteria. The most important condition is that the business is affected by the Covid-19 pandemic. In addition, the assets must not be more than IDR 50 million, and its turnover in a year is not exceed IDR 300 million. The business has to be already running and is not a new business,” said Budi, Friday (8/6/2021).

The prospective beneficiaries must also commit to the training that will be given to them, including business mentoring, finance, marketing, business management, and spirituality.

“After being assisted by Global Wakaf-ACT, it is hoped that the beneficiaries of the capital assistance can help other MSME owners. Our job is to spread goodness to the next generation. We hope that by 2025 we can reach one million MSME entrepreneurs," said Budi.[]