Go-Jek partners with state-lender BNI to facilitate micro-loans to MSMEs

FILE PHOTO - A driver and passenger ride on a motorbike, part of the Go-Jek ride-hailing service, on a busy street in central Jakarta, Indonesia December 18, 2015. REUTERS/Darren Whiteside/File Photo

Indonesian ride-hailing giant Go-Jek has announced a strategic collaboration between its digital payment system, Go-Pay, and state-owned bank BNI to provide the startup’s network of micro, small and medium enterprises (MSME) partners with access to the lenders’ micro-credit program.

The collaboration will look to particularly target MSMEs in the culinary industry that are registered partners of Go-Jek in its Go-Food service and offer them the government’s micro-credit financing (KUR) to help them grow their business.

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