May 15, 2023
MAKASSAR — Last week, Jiva signed a Kredit Usaha Rakyat (KUR) or MSMEs loan agreement with Bank Negara Indonesia (BNI) to finance 50 smallholder farmers in Maros and Gowa, South Sulawesi.
Earlier this month, our Chief Finance Officer for Jiva Indonesia, Ashish Agarwal, also signed a KUR loan agreement with Bank Mandiri in Makassar.
This agreement with two state-owned banks will help smallholder farmers access loans and grow their farms because they often face difficulties in obtaining loans due to, for instance, a lack of proximity to financial services.
The mission to empower smallholder farmers and help them improve their livelihoods is too heavy of rock to lift alone. That is why Jiva is happy to partner with people who share our dream to make the world a little more equal for our farmers.