JAKARTA - Technology company from Indonesia, PT. JULO Financial Technology (JULO) is committed to providing equal access to credit to the underbanked community. In order to support capital in the fisheries sector through the provision of digital credit, JULO signed a collaboration with eFishery on Monday (06/12). The signing was carried out virtually and was carried out by Adrianus Hitijahubessy as CEO & Co-founder of JULO with Gibran Huzaifah as CEO & Co-founder of eFishery.
The synergy of the two startups created by the nation's children is a real commitment of JULO and eFishery in improving the quality of life of the Indonesian people. This collaboration is one of JULO's strategic steps to expand access to credit, especially in the fisheries sector. In addition, this collaboration also helps eFishery in terms of capital and financing for fish cultivators to grow in the future.
JULO CEO & Co-founder, Adrianus Hitijahubessy said, “As we know, Indonesia is one of the main fish exporting countries in the world and accounts for approximately 3% of Indonesia's total Gross Domestic Product (GDP). This fact certainly shows that cultivators are always faced with enormous opportunities and good capital can be an important key.”
Through this collaboration, JULO will support the Kabayan (Kasih, Bayar Nanti) Express feature from eFisheryFund which connects farmers directly with various financial institutions. Through the Kabayan Express feature, farmers can purchase production facilities, especially fish feed with various brands, with a credit limit of IDR 3 million - IDR 20 million from JULO digital credit products. This is expected to provide relief for cultivators in their daily activities, especially before the harvest period. (LM)