BNI Expands Financing Support for Sugar Cane Farmers through KUR in Mojokerto

By : Hariyanto And Aldo Bella Putra | Tuesday, May 15 2018 - 23:00 IWST

Ilustrasi Petani Tebu (atr)
Ilustrasi Petani Tebu (atr)

INDUSTRY.co.id - Jakarta - PT Bank Negara Indonesia Tbk (BBNI) expanded its financing support to sugar cane farmers by using the People's Business Credit scheme in Mojosarirejo Village, Gedeg Sub-District, Mojokerto Regency, East Java.

Director of Small Business and BBNI Network, Catur Budi Harto, said that the company is ready to finance the sugar cane farmers with KUR Linkage scheme through PT Perkebunan Nusantara (PTPN) and One on One scheme.

"The linkage scheme is collaboration between BNI, Cooperative, and PTPN. In this scheme cooperatives apply for credit to BNI, then Cooperatives continue to lend credits to farmers Cooperatives become buyers (offtaker) that accommodate farmers harvest to be deposited to the sugar factory for grinding , "said Chess in a written statement in Jakarta, Monday (14/05/2018).

Explained, after the sale of PTPN to deposit payment proceeds to cooperative accounts in BNI after deducting the obligations of cooperatives in BNI and the last payment of obligations to the BNI Cooperative BNI.

Meanwhile, for one on one scheme is the same as linkage, but the difference is farmers who have got recommendation from sugar factory that can apply credit to BNI.

Chess added that the move is part of the company's support to the government's program in realizing food and energy security and prospering farmers.

"In the early stages of financing BNI gave to 197 farmers with total lending of Rp1, 5 billion," he explained.

Recorded until May 11, 2018, the company has managed to distribute KUR reached Rp6, 85 trillion, or equivalent to 50.76 percent of the target KUR to be distributed in 2018 of Rp13, 5 trillion.

The distribution of KUR was done symbolically to three sugarcane farmers built by PTPN X and BNI which was held in the middle of the visit of Minister of State Owned Enterprises (BUMN) Rini M Soemarno to East Java.

Minister of SOE RI reviewed the location of cutting and planting sugar cane in one of sugar cane farmland owned by farmers of PT Perkebunan Nusantara (PTPN) X and BNI in Mojosarirejo Village.

Attend to watch the distribution of KUR is President Director of BNI Achmad Baiquni, Director of Small Business and Network BNI Catur Budi Harto, and CEO of BNI Region Surabaya Muhammad Jufri.

News Comment

Today's Industry

Ilustration Brand phishing (Photo by Technonlogy For You)

Rabu, 21 Oktober 2020 - 15:30 WIB

Microsoft is Now Most Imitated Brand by Hackers

Microsoft soars from 5th place in Q2 to 1st place in Q3 for brand phishing attacks, making up 19% of all global phishing attacks in July, August and September.

Friedhelm Best - Vice President Asia Pacific, HIMA (Photo by HIMA)

Rabu, 21 Oktober 2020 - 14:20 WIB

Pharma 4.0: How Technology Is Transforming an Industry

Digital advancements in areas like systems integration, track-and-trace technology, and deep learning are helping the industry optimize its supply chain, improve safety, and even develop new…

Evan Dumas, Regional Director, Southeast Asia, Check Point Software Technologies (Photo by Linkedin)

Rabu, 21 Oktober 2020 - 13:50 WIB

Key Pillars To Optimal Endpoint Security In Today’s Climate

What does it take for businesses to be confident in the resilience of their endpoint protection? Check Point shares 4 key pillars for optimal endpoint security solutions for CISOs and IT professionals…

L/R: Alwin Zecha, Founder - Pacific Leisure Group, Thailand; Hiran Cooray Chairman - Jetwing Symphony PLC, Sri Lanka; and Akbar Shareef, Chairman & Chief Executive - Rakaposhi Tours (Pvt) Ltd., Pakistan (Photo by Global Travel Media)

Jumat, 16 Oktober 2020 - 17:15 WIB

PATA Honours Industry Leaders, Pioneers and Professionals at 69th Annual General Meeting

The following awards were presented during the 69th Annual General Meeting held online PATA Gallery of Legends Award, PATA Life Membership, and PATA Chair’s Award.

Evan Dumas, Regional Director, Southeast Asia, Check Point Software Technologies (Photo by Linkedin)

Jumat, 16 Oktober 2020 - 17:00 WIB

3 Key Principles Businesses Must Keep In Mind When Securing the Remote Workforce

It is critical that organisations take steps to secure the remote workforce to prevent falling victim to the next cyber attack.