Jakarta (ANTARA) – Indonesia’s Coordinating Ministry for Community Empowerment has proposed an inclusive microfinancing scheme for creative economy players, built on three core pillars.Coordinating Minister Abdul Muhaimin Iskandar said in a statement on Tuesday that the first pillar is collateral-free microfinancing, applied prudently through creditworthiness assessments based on healthy business cash flows.The second pillar introduces financing combined with business mentoring or incubation, while the third offers competitive interest rates and flexible installment options through various payment platforms.”It is time for us to take bold steps in creating an inclusive microfinancing scheme,” Iskandar said.He noted that innovative financing is increasingly needed for creative economy workers, including freelancers and content creators. One option is using monetization records from social media platforms as a basis for financing decisions.Iskandar added that financing models could also use intellectual property rights or royalty-based mechanisms.According to the ministry, the creative economy contributed about Rp1,500 trillion (US$90.1 billion) to GDP and employs more than 26.5 million workers nationwide. Exports reached US$12.9 billion in the first half of 2025.Investment in the sector hit Rp90 trillion (US$5.4 billion) by mid-2025, representing around 66 percent of the annual target.Creative Economy Minister Teuku Riefky Harsya said cross-sector collaboration is essential to expanding market access, adding that the sector supports middle-class growth and generates inclusive jobs aligned with technological and global trends.
Indonesia pushes collateral-free microfinance for creative industry
