Jakarta, Sept. 24 -- The Housing and Settlement Areas Ministry (PKP) said disbursement of the Housing Program Credit (KPP) had reached Rp25.8 trillion for 110,582 borrowers as of Thursday.

Director General of Urban Housing at the PKP Ministry Sri Haryati explained that the disbursement covered both the supply side of the housing sector and demand from micro, small, and medium enterprises (MSMEs).

"The housing Smallholder Business Credit (KUR) as of today has risen again, with a total of Rp25.8 trillion. So the total number of borrowers stands at 110,582," Haryati said after a working meeting with House of Representatives (DPR) Commission V here on Thursday.

On the supply side, KPP disbursement reached Rp8.7 trillion for 3,589 borrowers...