Productive Capital Waqf Empowers Nearly Ten Thousand MSME Owners during Pandemic

Global Wakaf-ACT continues to provide productive capital for MSME owners in Indonesia through various programs. Nearly ten thousand MSME owners have received the business capital assistance as of Monday (7/12/2021).

An MSME owner receives Waqf Cart assistance in Bogor.
An MSME owner receives Waqf Cart assistance in Bogor. (ACTNews)

ACTNews, JAKARTA – The current situation is very unstable for everyone due to the pandemic. The Emergency Restriction of Public Activities (PPKM) brings a dilemma to many people. On the one hand, people must take care of their health not to be infected with Covid-19 while on the other hand, they have to maintain the economy of each family to survive amid the restricted public activities.

Global Wakaf-ACT continues to help people struggling to support their families through several economic empowerment subprograms under the Productive Capital Waqf program. The program, which has been running since 2020, has empowered nearly 10,000 beneficiaries throughout Indonesia as of Monday (7/12/2021).

“There are three subprograms under the Productive Capital Waqf program including Waqf for MSMEs that have empowered 3.7 thousand beneficiaries, Business Capital Alms with a total of more than 5 thousand beneficiaries, and Productive Business Waqf in the form of business assets that assisted more than one hundred business owners," said Budi Sulistyo as the Manager of Productive Capital Waqf.

Not only provides capital but Global Wakaf-ACT also continues to empower the development of business owners through mentoring. "For example, through the Waqf for MSMEs program, there are 158 assistants who assist in business coaching. In addition, we are also assisted by 89 ACT branches spread across various provinces,” explained Budi.

Several partners are also encouraged to assist this program. Currently, there are nine collaborating partners in the Productive Capital Waqf program, both ongoing and prospective partners.

The beneficiaries also feel helped by the presence of the Waqf for MSMEs program. Ngatinem is one of the capital assistance recipients who is struggling to run her doughnut and cracker business after her husband was laid off. This woman from Cimahi was even scammed by someone who ordered her merchandise without paying. However, that incident did not dampen Ngatinem’s spirit to keep running her business.

“Currently, I want to have a cart so that I can consign my merchandise to several shops. Until now, I usually fry the donuts and crackers in my colleague’s house since my house is too small. Hopefully, this capital loan can increase my income so that I can empower my surrounding neighbors in the future,” concluded Ngatinem.[]