WUSH SIMPAN PINJAM 2.1.0

Koperasi Simpan Pinjam Mitra Niaga Utama

Koperasi Simpan Pinjam (KSP) is dedicated to enhancing the economic welfare of Indonesian communities by providing its members with convenient options for online savings and loans, complemented by a user-friendly application.

The introduction of the WUSH application marks a significant advancement in the realm of online cooperative lending. Key features include:

• Loan Term: Minimum of 3 months to a maximum of 12 months
• Loan Amount: Rp. 600,000 - Rp. 30,000,000
• Loan Interest Rate: 24% per annum*

*Note: The specifics of the amount, term, and rate may vary based on the user's credit ranking. Please refer to the application for approval details.

For instance, on a loan of Rp. 600,000 with a 3-month term, the fees are calculated as follows:

• Loan Interest: 24%/12 = 2% per month
• Monthly Loan Interest: Rp. 600,000 * 2% = Rp. 12,000
• Total Monthly Payment: Rp. 600,000/6 + Rp. 12,000 * 2% = Rp. 612,000
• Total Loan Interest: Rp. 600,000 * 2% * 3 = Rp. 36,000
• Total Cost: Rp. 600,000 + Rp. 600,000 * 2% * 6 = Rp. 636,000

Supported payment methods through WUSH include:

1. Full payment or installments:
Full repayment followed by applying for a new, higher loan at lower costs. Recommended for installment payments: ATM (such as BANK BRI, BANK PERMATA, BANK CIMB, BANK MANDIRI, BANK BCA, BANK BNI etc.) ALFA (convenience stores).

To apply for an Indonesian cash loan via the WUSH application:

1. Download WUSH from the Google Play Store.
2. Register as a member of the cooperative through the WUSH application.
3. Quickly fill out the loan application form.
4. Select the desired loan amount.
5. Await approval of your membership loan.
6. Receive loan funds in your member account.

Additionally, Koperasi Simpan Pinjam (KSP) sources funding primarily from member savings, including principal savings, mandatory savings, voluntary savings, or grants.

According to regulations set by the Ministry of Cooperatives and SMEs, KSPs are permitted to extend credit only to their own members. Further functions of KSPs include:

• Collecting funds from members.
• Allocating funds or offering loans to members.
• Generating income for members through cooperative business activities.
• Managing funds deposited and distributed by cooperative members.

The eligibility criteria for becoming a member and applying for loans through WUSH are as follows:

• Aged 20 years or older.
• Possessing an electronic ID card (eKTP).
• Having an active mobile number.
• An Indonesian citizen.

Member Obligations:

• Pursue mandatory savings of Rp. 10,000.
• Pursue mandatory contributions of Rp. 5,000.
• Members must successfully submit membership information and complete mandatory and voluntary savings to achieve full membership status; voluntary savings must be submitted monthly.
• Larger contributions beyond mandatory and voluntary savings can be made via the WUSH application; members can earn a share of operational profits according to agreements made with Koperasi Simpan Pinjam Mitra Niaga Utama.

Contact Us:
* Telephone: 083827997878
* Email: [email protected]
* Website: https://www.pinjamanwush.co.id
* Working Hours: Monday - Friday from 09:00 AM to 08:00 PM WIB
* Address: Jl SMP 211 No. 55B RT 007 SRENSENG SAWAH JAGAKARSA KOTA ADM. JAKARTA SELATAN DKI JAKARTA