Indonesian farmers need innovative financing to boost productivity

Wednesday, September 18, 2013

The Indonesian Chamber of Commerce and Industry (Kadin Indonesia) is calling for better access to finance for farmers to help increase their productivity.

Franky O Widjaja, the Kadin Indonesia deputy chairman for agribusiness, food and husbandry said that productivity and efficiency must be pushed.

He noted that currently there were new and promising systems in Indonesia, such as warehouse receipts, which can be used as collateral for credit from banking institutions.

Source: Jakarta Post (link opens in a new window)