"I think it is important for them to be used by fishermen as working capital, for investment by fishermen," the president stated.
During the meeting with fishermen, Jokowi was accompanied by Minister of Maritime Affairs and Fisheries Susi Pudjiastuti, Chief of the Presidential Staff Moeldoko, and Coordinator of Presidential Special Staff Teten Masduki.
Until now, loans totaling Rp132 billion provided by Bank Mikro Nelayan (Fishermen) has been utilized by fishermen and fishery businessmen.
Bank Mikro Nelayan has set a target of channeling a total of Rp975 billion to fishermen and fishery businessmen seeking low-interest loans.
The bank provided loans, with a competitive interest, notably three percent, Jokowi stated.
"Please derive benefits from it. However, if you utilize the loans, do not forget to pay the installments. It is a must," the president added.
He reminded that the loans must not be used for consumptive spending.
The meeting with President Jokowi at the palace was attended by some 300 fishermen representing fellow members from across the country.
Reporting by Bayu Prasetyo, Fardah Assegaf
Editing by Suharto
Reporter: Antara
Editor: Suharto
Copyright © ANTARA 2019
