Indonesia’s agriculture sector remains underinvested and has yet to realise its economic potential. Microsoft and agricultural startup, TaniHub Group, aims to address this by providing technology-enabled services to increase productivity. However the technology companies in the agriculture sector face three
President Joko Widodo urged the administration to continue supporting the growth of the agricultural sector, among others, by facilitating the distribution of micro loans (“KUR”). The allocation of KUR for the agricultural sector this year reached US$ 4.88 billion (IDR
In the midst of pandemic, the agriculture sector has shown resilience and maintained productivity. State-owned bank BRI disbursed agricultural loans amounting to US$ 8.2 billion (IDR 118 trillion), a 12.8% year-on-year growth, by the end of Q2 this year. BRI
Minister of Agriculture (Mentan), Syahrul Yasin Limpo, encourages new generation farmers to apply smart farming technology in farm management. According to him, technology-driven agriculture practices and management is a key lever to increase productivity. Chairman of the Young Farmer Community
Bulog and TaniHub, agriculture startup companies, are partnering to strengthen national food security. The partnership covers various parts of the agricultural supply chain, from warehouse distribution networks to product marketing and farm finance. Given Bulog’s nationwide network of warehouses and
According to research by EIU, commissioned by USAID, fintechs can play an important role in reducing the risk and cost of lending to smallholder farmers, and drive the transition to sustainable agriculture. Smallholders make up one-third of the Southeast Asian
TaniFund, P2P lender for farmers, has disbursed IDR 89.2 billion through 243 projects to date. This has led to 2,500 farmers increasing their production volumes by 20%.TaniHub, parent company of TaniFund and an agricultural product marketplace, reported a whopping 639%
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