Business · Economy · 1 hr ago
ILO and Switzerland provide Rp584.3 billion in support to Indonesian small businesses
The ILO and Switzerland helped 25,378 Indonesian small businesses access Rp584.3 billion in financing and formal savings.
The support is part of Promise II Impact, a program backed by Switzerland since March 2023 to improve small firms’ access to financial services.
It also provided business training to more than 2,300 entrepreneurs, 40 percent of them women.
The program combines financing, business skills and digital tools in supply chains for dairy in West Java, patchouli oil in Aceh and seaweed in East Nusa Tenggara.
Its projects linked farmers with buyers and lenders, and helped patchouli producers export 32 tons of oil worth Rp30 billion.
The next phase will expand the program to coffee in Lampung and extend work on patchouli and dairy in other regions.
It will also add digital systems and financial wellness standards, aiming to support more sustainable livelihoods and stronger local businesses.
The International Labour Organization and the Swiss Government facilitated Rp584.3 billion in financing and formal savings for 25,378 Indonesian micro, small and medium enterprises.
The support came through the second phase of the Promise II Impact initiative, backed by Switzerland’s State Secretariat for Economic Affairs since March 2023.
The project also provided business training to more than 2,300 entrepreneurs, 40 percent of them women.
Its work focused on dairy farming in West Java, patchouli oil in Aceh and seaweed cultivation in East Nusa Tenggara.
The ILO and the Swiss State Secretariat for Economic Affairs are preparing a third phase, with plans to extend the program to more regions and commodities.
- Who
- The International Labour Organization and the Swiss Government, through Switzerland’s State Secretariat for Economic Affairs.
- What
- They facilitated Rp584.3 billion in financing and formal savings for 25,378 Indonesian MSMEs.
- When
- The funding was reported on October 13, 2026. The initiative’s second phase has been backed since March 2023.
- Where
- Across Indonesia, with projects in West Java, Aceh and East Nusa Tenggara.
- Why
- To widen access to finance and build business capacity and economic resilience.
This story does not have two clearly opposing sides.
Switzerland’s State Secretariat for Economic Affairs began backing the second phase of Promise II Impact.
The ILO reported that the initiative had facilitated Rp584.3 billion in financing and formal savings for 25,378 MSMEs.
The ILO and the Swiss State Secretariat for Economic Affairs are preparing a third phase, including work on coffee in Lampung.
- Total support
- Rp584.3 billion
- MSMEs reached
- 25,378
- Business training
- More than 2,300 entrepreneurs; 40 percent were women
- Dairy farming
- 2,054 farmers connected in Pangalengan, West Java; Rp11.6 billion in credit support
- Patchouli exports
- 32 tons worth Rp30 billion
- Seaweed network
- 216 farmers linked with 57 regional suppliers in East Nusa Tenggara
What people are saying
The most important thing is not just how many people gain access, but the behavioral changes and economic resilience that they experience.
Financial inclusion must go beyond mere access to deliver tangible, lasting benefits for the public.
Sources
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