Koperasi B

What Koperasi B does

Kospin Jasa (legally Koperasi Simpan Pinjam JASA) is a member-owned financial cooperative founded on December 13, 1973, in Pekalongan, Central Java, Indonesia, by small and medium entrepreneurs from three ethnic communities (native Indonesian, Chinese, and Arabic-Indonesian) to address difficulty accessing business capital from traditional banks. As a credit union / koperasi simpan pinjam, it serves individual members and small-to-medium enterprises with a full suite of savings, deposit, and loan products, including Sharia-compliant services through its Kospin Jasa Syariah subsidiary.

Its product portfolio spans daily savings (Tanda Terima-based accounts for merchants), term deposits (1-12 months at 7-8% p.a.), goal-oriented savings (Safari, Pundi Arta, Prima, Hari Raya, Qurban, Umroh, Hajj/Labbaika), and loan products including motorcycle financing (11.52% p.a.), installment/anuitet loans (11.52%), Hajj bailout (10% bisaroh), incidental working capital (21%), daily revolving credit (18%), SME loans up to Rp 30M (15%), and housing/Investa Griya loans up to 8 years (16%). Technology delivery includes the M-JASA mobile banking application (Android/Blackberry), SMS banking, QR JASA payments, real-time tablet-based teller transactions with SMS notifications, a Visa Electron debit card via PT Bank Permata partnership providing access to 25,000+ ATMs, and a Mobile Cash Car fleet (5 Isuzu Elf + 1 minivan) serving markets and crowded centers.

Kospin Jasa generates revenue primarily through net interest spread on loans versus member deposits, supplemented by administrative and provision fees (0.25-1.5% of principal) and PPOB commissions from utility and bill payment processing. Its go-to-market is community-led — member meetings, Safari/Pundi Arta savings events, business directories, and referral networks — reinforced by 33+ branches across Java, Sumatra, and Bali. The cooperative has maintained continuous 'Top Exemplary Cooperative of National Level' status since 1987 and is recorded by Museum Rekor Indonesia (MURI) as the savings product with the most tour participants.

Name

Koperasi B

Legal name

Koperasi Simpan Pinjam JASA

Website

https://kospinjasa.com

Company type

Private

Founded year

1973

Operating status

Operating

Headcount range

101–250 employees

Short description

Kospin Jasa is an Indonesian member-owned financial cooperative founded in 1973, offering savings, loans, and Sharia-compliant banking services to individuals and SMEs across 33+ branches in Java, Sumatra, and Bali.

Ownership category

akta.pro rank

Product category

Cooperative Banking (Credit Union / Savings and Loans)

NAICS

Savings Institutions and Other Depository Credit Intermediation (522180), Depository Credit Intermediation (5221)

SIC

Savings Institutions, Not Federally Chartered (6036), Functions Related To Depository Banking, Nec (6099), Short-Term Business Credit Institutions (6153)

akta.pro primary industry

SME Cash Management & Payments (Merchant, ACH/Wires, Payroll) (FSABABAD)

akta.pro secondary industries

SME Lending Platforms & Embedded SME Credit (FSAKAGAJ), Islamic SME & Commercial Banking (FSABAGAB)

Keywords

• Credit union services
• Savings and loans
• Microfinance cooperative
• Mobile banking
• Sharia financial services

Headquarters

HQ city

Pekalongan

HQ country

Indonesia

HQ region

Asia

Offices32 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Supply Chain

Revenue model

1. Loan Interest Income: The cooperative generates primary revenue from interest on various loan products including motorcycle loans (11.52% p.a.), Hajj bailout loans (10% bisaroh p.a.), installment loans (11.52% p.a.), incidental loans (21% p.a.), daily loans (18% p.a.), micro and small enterprise loans (15% p.a.), and Investa Griya housing loans (16% p.a.). Interest is calculated monthly or daily based on outstanding balances.
2. Savings and Deposit Interest: The cooperative pays interest on member deposits at varying rates depending on product and balance: Daily Deposits (2.00% p.a. gross), Term Deposits (7-8% p.a. based on tenure), Cooperative Savings (1.00-2.25% p.a. based on balance tier). Interest spread provides revenue.
3. Administrative and Service Fees: Revenue from various fees including monthly administration fees (Rp 37,500 for Daily Deposits), Tanda Terima book fees, loan provision fees (0.25-1.5% of principal), and administration fees for various loan products.
4. Third-Party Services Commission: Commission revenue from utility bill payments (Telkom, PLN), prepaid credit purchases, television subscriptions (Indovision, AORA), and other PPOB (Payment Point Online Bank) transactions processed through M-JASA platform.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels8 records

Core offering

Kospin Jasa is a member-owned savings and loan cooperative (koperasi simpan pinjam / credit union) founded in 1973 to provide business capital loans and savings services to small and medium entrepreneurs. It offers a portfolio of savings products (Daily, Term Deposit, Cooperative/Takop, Safari, Pundi Arta Jasa, Prima, Hari Raya, Qurban, Umroh, Hajj/Labbaika, Harkop), loan products (Motorcycle, Hajj Bailout, Installment, Incidental, Daily, SME, Investa Griya), and digital services including the M-JASA mobile app, real-time tablet-based Mobile Cashier, SMS notifications, QR payments, and a Visa Electron debit card issued through Bank Permata. It operates both conventional and Sharia (Kospin Jasa Syariah) divisions through 33+ branches across Indonesia.

Product overview

Kospin JASA operates as a member-owned savings and loan cooperative (Koperasi Simpan Pinjam) offering a portfolio of savings/deposit products, loan products, and service offerings. Savings products include daily savings, term deposits, and prize-based arisan-style savings (SAFARI, Pundi Arta Jasa, Prima, Hari Raya, Qurban, Umroh, Hajj). Loan products cover motorcycle financing, working capital loans, SME/business expansion loans, home/property loans, and Hajj bailout loans. Services include mobile branch operations (Mobil Kas Keliling, Kasir Keliling with tablet-based real-time transactions), SMS transaction notifications, and the M-JASA mobile application. The cooperative also issues a Visa Electron debit card through PT Bank Permata Tbk partnership. The product architecture is a unified cooperative financial services model with technology-enabled delivery channels rather than a modular software platform.

Differentiator

Problem solved

Functional benefit

Products and services

• Simpanan Harian (Daily Savings) A savings account designed for merchants and business owners, allowing deposits and withdrawals using special Tanda Terima receipts that can be used as payment instruments in business transactions.
• Simpanan Berjangka (Term Deposit) Time deposit available in 1, 3, 6, and 12 month terms with competitive interest rates (7.00%-8.00% p.a.). Can be used as loan collateral.
• Tabungan Cooperativa (Takop) Core cooperative savings account with online real-time service across Indonesia. Includes Visa Electron debit card via PT Bank Permata Tbk partnership, access to 25,000+ ATMs, and autodebit capabilities.
• Tabungan SAFARI Monthly savings with arisan-style prize draws, including Honda motorcycles and cash prizes. Participants receive free group tours and the product holds a MURI (Indonesian Record Museum) award for most tour participants.
• Tabungan Pundi Arta Jasa Monthly savings with arisan-style prize draws over a 24-month period, with cash prizes and Honda motorcycle grand prizes. Participants eligible for free tours.
• Tabungan Prima Monthly savings with free domestic and international tours as a key benefit, along with end-of-period prize draws. Life insurance from PT Asuransi Jiwa Mitra Abadi included.
• Simpanan Hari Raya Weekly savings over 44 weeks designed to accumulate funds for Hari Raya (Eid) celebrations. Includes voucher parcels and gadget raffles at period end.
• Tabungan Qurban Monthly savings for Eid al-Adha qurban planning, available as individual (goat) or group (cow/buffalo, max 7 people) qurban plans. Includes additional funds for slaughter costs.
• Simpanan Umroh 18-month monthly savings program for Umrah pilgrimage, including domestic and international flights, hotel near Ka'bah, meals, Zamzam water, manasik guidance, and complete Ihram/mukena gear.
• Tabungan Labbaika (Hajj Savings) Savings program for Hajj pilgrimage preparation. Includes bailout fund facility up to Rp 25,000,000 without collateral, coordinated with government-appointed BPS BPIH bank and KBIH for quota certainty.
• Simpanan HARKOP (Coop Day Savings) 12-month cooperative savings with high interest rates calculated on actual days (365-day year). Can serve as low-interest loan collateral with same-day liquidity.
• Pinjaman Sepeda Motor (Motorcycle Loan) Financing for Honda or Yamaha motorcycles at 75% of on-the-road (OTR) price, with 11.52% annual interest, up to 3-year term. Vehicle serves as collateral.
• Pinjaman Talangan Dana Haji (Hajj Bailout Loan) Bailout fund loan for Hajj pilgrimage quota, maximum Rp 22,500,000 at 10% bisaroh rate, up to 5-year term with no provision or administration fees.
• Pinjaman Anuitas (Installment Loan) Investment and business expansion loan up to 48 months at 11.52% annual interest. Collateral includes land and vehicles.
• Pinjaman Insidentil (Incidental Loan) Short-term emergency working capital loan for 3 months at 21% annual interest with 0.25% provision fee. Collateral required.
• Pinjaman Harian (Daily Loan) Flexible revolving credit line with ceiling attached to daily savings balance. Interest calculated daily at 18% annual rate. Land collateral required.
• Pinjaman UMK (SME Loan) Loan for micro and small business expansion up to Rp 30,000,000 at 15% annual interest, up to 3-year term. Land or vehicle collateral.
• Pinjaman Investa Griya (Home/Property Loan) Loan for purchasing homes, land, shops and shophouses up to 8-year term at 16% effective annual interest. Land or building being purchased serves as collateral.
• Layanan Mobil Kas Keliling (Mobile Cash Car Service) Van-based mobile branch service bringing full cooperative services to markets and crowded areas. Provides deposits, withdrawals, new account opening, bill payments, transfers, and ATM services.
• Layanan Kasir Keliling (Mobile Cashier Service) Tablet-based mobile cashier service for cash deposits using proactive outreach. Claims to be the first cooperative using real-time tablet transactions with receipt and SMS notification.
• Layanan SMS Notifikasi (SMS Notification Service) Real-time SMS transaction notifications for account mutations (debits and credits) on Takop, Micro Savings, and Daily Deposit accounts. Free of transaction fees.
• M-JASA (Mobile-JASA) Mobile banking application for Kospin JASA members enabling balance checks, transfers to fellow members and all banks in Indonesia, bill payments (Telkom, PLN, TV, credit), and mobile reloads. Available on Blackberry and Android.
• Kartu Debit Kospin JASA Visa Electron Visa Electron debit card issued in partnership with PT Bank Permata Tbk, accepted at 25,000+ ATMs across Indonesia (Permata, ALTO, Bersama, Prima/BCA) and millions of merchants worldwide.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• Bank BPD Jawa Tengah (Jateng)coreStrategic or Co-development Partner · 19 March 2016Cooperation in operational management providing financial transaction convenience. Partnership for operational banking services including ease of financial transactions and banking integration.
• Koperasi Angkasa MalaysiacoreStrategic or Co-development Partner · 19 March 2016Cooperation in business development and member business expansion. Partnership to develop and expand business and entrepreneurial activities for members.
• PT. Orientasari MahkotaminorStrategic or Co-development Partner · 19 March 2016Company is a TKI (Indonesian Migrant Worker) distributor for financing and remittance services. Partnership for providing financing solutions and remittance services for Indonesian migrant workers in Malaysia.
• PT Bank Permata TbkcoreStrategic or Co-development Partner · 1 January 2010Partnership for Visa Electron debit card issuance enabling Kospin JASA members to transact at 25,000+ ATMs across Indonesia (ATM Permata, ATM ALTO, ATM Bersama, ATM Prima/BCA) and millions of merchant locations globally. First cooperative to offer debit card/ATM service in Indonesia.
• BPS BPIH (Bank Penerima Setoran Biaya Penyelenggaraan Ibadah Haji)coreStrategic or Co-development PartnerGovernment-appointed bank for Hajj cost deposits. Partnership provides certainty of Hajj quota through Siskohat Ministry/Department of Religious Affairs network integration. Members' hajj savings are deposited with this bank.
• Various KBIH (Kantor Bersama Haji) in service areasminorStrategic or Co-development PartnerPartnership with multiple KBIH (Joint Hajj Organizing Offices) in Kospin JASA service areas to facilitate hajj preparation services for members.
• PT Asuransi Jiwa Mitra AbadiminorOthersLife insurance provider for Safari Savings, Pundi Arta Jasa Savings, Prima Savings, and Qurban Savings members. Provides life insurance protection for savings program participants.

Scale indicators8 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Bank BRI (Bank Rakyat Indonesia): Indonesia's largest microfinance bank with the BRILink agent network and Kupedes micro-loan product. Directly comparable to Kospin Jasa's mission of providing credit access to small entrepreneurs, though operates at vastly larger scale as a state-owned commercial bank.
• Pegadaian: Indonesian state-owned pawnshop and microfinance institution offering credit against collateral to underserved segments. Comparable to Kospin Jasa in serving underbanked Indonesians with accessible credit, though focused on pawn-based lending rather than cooperative savings model.
• Bank BTPN (now SMBC Indonesia): Indonesian commercial bank specializing in microfinance and SME lending to underserved communities. Highly comparable to Kospin Jasa in customer segment focus (small entrepreneurs, micro businesses) and inclusive finance mission, though operates as a regulated bank rather than cooperative.
• Bank Syariah Indonesia: Indonesia's largest Islamic bank, formed from merger of Sharia subsidiaries of major banks. Directly comparable to Kospin Jasa Syariah subsidiary's Sharia-compliant savings/loan offerings including Hajj-related products, though operates at much larger scale.
• Bank Danamon: Indonesian commercial bank with significant SME and microfinance segments. Comparable to Kospin Jasa in serving Indonesian SMEs with financing products, though operates with a much broader product suite including corporate and consumer banking.

Emerging players

• KoinWorks: Indonesian fintech lending platform providing P2P SME financing and working capital loans. Comparable to Kospin Jasa's SME loan products in target market, though operates entirely digitally without physical branch network or community cooperative structure.
• Investree: Indonesian fintech P2P lending marketplace for SME financing. Comparable to Kospin Jasa's SME lending focus (Pinjam UMK/SME) but targets similar borrowers through technology-enabled loan origination rather than cooperative member relationships.
• Amartha: Indonesian fintech P2P lending platform focused on providing microfinance to women entrepreneurs and SMEs in rural areas. Comparable to Kospin Jasa's core SME/micro lending mission but operates digitally with technology-first underwriting rather than physical branches.

Direct peers

• Bank Perkreditan Rakyat (BPR) - Sector Average: Indonesian rural credit banks (BPR) are community-based depository institutions serving SMEs and individuals in specific regions. Most directly comparable to Kospin Jasa's community-focused savings/loan model, though operate as banks rather than cooperatives with similar localized deposit-gathering and SME lending functions.

Others

• Koperasi Simpan Pinjam (Savings & Loan Cooperative) Sector: Indonesian Savings & Loan Cooperative sector (KSP), represented by DEKOPIN (Dewan Koperasi Indonesia), encompasses hundreds of cooperatives operating similar member-owned savings/loan models. Most structurally similar to Kospin Jasa, though most peers operate at smaller regional scale rather than national multi-branch presence.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/KospinJasaID
• Facebookfacebook.com/KospinJasaID
• LinkedInlinkedin.com/company/kospin-jasa

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Koperasi B