Bali, Indonesia- September 7, 2013 Agenda Item # 2.12 Bali, Indonesia- September 7, 2013 Agenda Item # 2.12 Indonesian Experiences In Fostering Woman Entrepreneurs Linda Amalia Sari Gumelar State Minister for Women Empowerment and Child Protection The Republic of Indonesia 1

1.Women entrepreneurs have been making a considerable impact in almost all the segments of the economy. 2.Their role depends to a great extent on economic, social, religious, cultural and psychological factors prevailing in the society. 3.Through joint initiative, it will reduce obstacles to women entrepreneurs to ensure their participation in the regional development. Background 2

1.Lack of equal opportunities in certain industries 2.Limited access to productive resources (finance, technology, human resources, etc) 3.Relatively low in capacity and productivity 4.Most of them engage in informal sector Challenges 3

1.Fostering entrepreneurship. 2.Enhancing access to finance. 3.Strengthening institutional capacity. 4.Affirmative policy initiatives. 5.Collaborative actions among relevant bodies. Strategies 4

1.Entrepreneurship Training Program. 2.Entrepreneurship Campaign. 3.Entrepreneurship Expo. 4.Financial support. 5.Technology support. Fostering Entrepreneurship 5

National Entrepeneurship Movement (the NEM). 6

Entrepreneurship Training Center 7

1.Government grant to support start-up businesses particularly women owned businesses. 2.Encouraging angel investors to support creative and innovative businesses. 3.Promoting venture capitals at national and provincial level. 4.Establishing nation wide credit guarantee scheme owned by Government and private sectors. 5.Encouraging banking sectors to provide credit for SMEs so called People Business Credit (KUR). 6.Providing revolving fund channeled through special revolving fund agency (LPDB) Access to Finance 8

Financial Schemes (KUR & LPDB) 9 People Business Credit (KUR) Launched since Nov Total debtors are 9.06 million Total credit disbursed IDR trilliun (USD billion) Up to July 2013, total credit disbursed IDR trilliun (USD billion) with total debtors 1.38 million NPL of KUR 3.6 % on average Distribution of KUR: Trade sector % Agriculture % Manufacturing 2.85 % Others % Revolving Fund Scheme (LPDB) Launched since 2008 particularly channeled through cooperative Total borrowers are 2,457 debtors Total loan disbursed IDR trilliun (USD 0.37 billion) Up to July 2013, total loan disbursed IDR billion (USD million) with total borrowers 638 NPL of Revolving fund is 0.03 % on average

1.Business formalization and licencing. 2.Strengthening women business association, women cooperatives, and women business group. 3.Strengthening networking among institutions responsible for women entrepreneurs promotion. Strengthening Institutional Capacity 10

Thank You 11