"To all fishermen and micro entrepreneurs in fisheries, this funding should be used for working capital," the President said at the launching of Micro Bank for Fisheries here on Wednesday.
The President said, the fund should be spent properly and not be diverted to buying a motorcycle, a car, households and other consumption need.
"We build this Micro Bank for Fisheries for fishermen to ease their access to working capital," he added.
"Please, use it for working capital, do not spend them to buy other things," the President said.
The fund is expected to ease the access for fishermen and micro entrepreneurs to finance services, which furthermore would improve their prosperity.
"The fund would improve fishermen`s welfare if it could be spent for working capital," Jokowi said.
The President admitted that fishermen have complained about access to financing, and the existence of micro bank is expected to solve the problem.
"Every time I invited fishermen to the palace, or in my impromptu visits, all they complain about is the problem in getting working capital. Hopefully this could be a solution," the President said.
Reported by Khaerul Izan
(S022/a014)
(T.SYS/B/KR-BSR/A014)
Reporter: antara
Editor: Heru Purwanto
Copyright © ANTARA 2018