Indonesia in rent-to-own scheme proposal

Tthe scheme could address the persistent issue of informal workers who were often underserved by banks. — AFP

JAKARTA: Property developers have proposed a rent-to-own scheme as a way to ease homeownership access for workers in the informal sector.

Junaidi Abdillah, chairman of the All-Indonesia Association of Housing and Settlement Developers said the scheme could address the persistent issue of informal workers who were often underserved by banks.