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04 November 2020

bank bjb Distributes KUR to Farmers in Sukabumi Regency

SUKABUMI – bank bjb is back again distributes People's Business Credit (KUR) to farmers in West Java. This time, funding distribution as capital support is carried out to farmers in Sukabumi Regency.

The financing realization was symbolically carried out in Puncak Manis, Jalan Sukamanis, Sukamanis Village, Kadudampit District, Sukabumi Regency on Tuesday (03/11/2020). The handover of working capital for farmers was attended by Head of Sukabumi Regency Agriculture Office, Sudradjat, Head of  Sukabumi Regency Trade, Cooperative and MSME Service, Ardrana Trisnawiana, Head of MSME Credit Division bank bjb Denny Mulyadi, Regional CEO IV bank bjb Edy Kurniawan Saputra, Head of bank bjb Pelabuhan Ratu Branch Office (KC) Yogi Yogiswara, Branch Manager of Daan Mogot Ida Farida, Representative from Regional l bank bjb and CEO of PT Crowde Build the Nation (CROWDE) Yohanes Sugihtononugroho as an agricultural company that covers assisted farmers. In this event, a Cooperation Agreement Addendum was also signed between bank bjb and CROWDE. 


Head of Corporate Secretary Division bank bjb Widi Hartoto said that this financing cooperation was carried out as a form of bank bjb's commitment in an effort to encourage the improvement of Indonesian farmers’ welfare. In this cooperation, bank bjb distributes financing in a partnership scheme which is frequently implemented by bank bjb in agricultural and livestock business fields and is established with lots of stakeholders who are committed in advancing the business of farmers or breeders.

"bank bjb constantly exists as a loyal partner of government and society by providing various form of financial support to improve the economy. This financing step with partnership scheme is a manifestation of bank bjb's commitment to boost the economic, especially in West Java Province as well as a form of full support for National Economic Recovery program PEN) in the food security sector which has proven to stay resilient in the midst of pandemic challenge," said Widi.

CROWDE is a farmer capital platform with a crowd-lending system oriented to improve Indonesian farmers’ welfare. bank bjb collaborates with CROWDE on the distribution of Micro KUR with partnership scheme by using the crowd-lending method, in which CROWDE acts as a platform, while bank bjb as funds provider for farmers through KUR. By injecting capital into this business platform, it is expected that the results of agricultural businesses can be more productive, efficient and sustainable. bank bjb partnership financing is developed in order to improve financing services for business actors including farmers who are members of business institutions so that they can continue to grow. 


Not only in providing capital, the presence of bank bjb also supports the entire process of increasing food production capacity from the beginning of the planting period to the absorption of the harvest. In addition, the company also guarantees farmers a return on capital for crop failure due to pest attacks.

This is the umpteenth financing stimulation for farmers carried out by bank bjb. Previously, bank bjb had established a synergy of micro-KUR financing for the farmers assisted by PT Crowde Crowde Membangun Bangsa which is spread in few areas in Sukabumi City and Regency.

So far, the total land area under cultivation has reached 33 hectares with a total of 66 farmers. Furthermore, CROWDE is also preparing other cultivated lands in Sukabumi Regency as well as in Garut and Cianjur areas, where bank bjb has also prepared further partnership schemes to support farmers.


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