President Director (Perum Pegadaian)

Pawnshops are an important source of microcredit in many developing countries in Asia. In Indonesia, all pawnshops are state-owned and run by Perum Pegadaian. Pawnshops proved to be reliable lenders of microcredit throughout Indonesia. With their simple procedures, low transaction costs and fast administration they provide unique features, at least for very small loans.

“Our mission here is to make people happy, not only to make business.”

Perum Pegadaian which was established during the colonial Dutch time was the first ...