JAKARTA - Kredivo, a leading and digital credit platform, signed a collaboration with eFishery, the first aquaculture intelligence company in Indonesia on Friday, July 2, 2021.
Umang Rustagi, CEO of Kredivo Indonesia said, “The agribusiness sector such as fisheries is a sector that in our opinion needs to get easy, fast and affordable access to financial services given the lack of history and data on financial transactions for cultivators which makes it difficult for them to access conventional financial services, especially in the current pandemic. This collaboration is a solution for that and at the same time a way to realize our vision to serve 10 million users in Indonesia in the next few years.”
Gibran Huzaifah, CEO and Co-founder of eFishery added, “By working with Kredivo we hope to double our impact by supporting thousands of farmers so they can grow financially. With wide open access to finance, farmers can take advantage of this opportunity to further expand their business, improve their welfare, and ultimately make the fishing industry more productive through true financial inclusion.”
In this collaboration, Kredivo will be integrated with the Kabayan feature (Kasih, Bayar Nanti) which is one of the features in the eFisheryFund service. This feature allows farmers to purchase various aquaculture needs or eFishery products such as eFisheryFeeder and fish feed with various brands through the eFisheryFeed service with a periodic payment system. By becoming one of eFishery's financial partners, Kredivo can provide direct loan facilities to farmers through the Kabayan feature. (LM)