Definition of Smille Berkah

Smile Berkah is Financing to entrepreneurs engaged in micro sector.

Advantages of Smile Berkah

• Low credit terms and Fast credit processing
• The scheme used Akad Murabahah / buying and selling
• Can be used for individual entrepreneurs or business groups
• Credit period is long enough

Requirements of Smile Berkah

For Individuals

• Indonesian citizen (WNI)
  
• Age between 21/60 years old or already married
• Attach proof of self in the form of ID card, KK and Marriage Letter (for married)
• Certificate of need from the Village / Village (RT / RW), Market Office or local authority where the concerned sell / attempt

For Business Group

• Business Group has been established and running well minimum 1 year
  
• Business Group which is developed by other institution based on similarity of business type and location
• Business Group consists of 5 to 20 members
• Age of group members between 21 s / d 60 years or married
• Attach proof of identity of group members be KTP, KK and Notification of a marriage (for those who are married) At least there is a business license from local authorities
• At least there is a business license from local authorities

Conditions of Smile Berkah

• Maximum financing period up to 60 months (5 years)
• Limit Smile Financing Blessing maximum up to  IDR100 million
• Cost as follows:
• Administration fee is set at 1.5%
• Insurance Fee (Soul and PSPU)
• Warranty as follows:
• The main guarantee is the financing guarantee from Perum Sarana Pengembangan Usaha (PSPU) maximum of 80%
• Additional guarantee of assets or block of funds amounting to 20% of the financing ceiling