Jakarta, 26th June 2023 – Smallholder farmers play a pivotal role in our global food system, driving economic development from the ground up in regional economies. However, limited access to finance and agri-inputs threatens to undermine smallholders’ livelihoods and the resilience of our food systems.
For Indonesia’s smallholder cocoa farmers, the intertwined struggle for finance and quality agricultural inputs creates a self-reinforcing cycle of obstacles and limits their ability to unlock the untapped potential of their farms.
As a leading agri-tech company, Koltiva is seamlessly integrating AgriTech, FinTech, and ClimaTech to facilitate a transformative shift in the agribusiness landscape. Our holistic digital solutions are helping to re-imagine global value chains and promote traceability, inclusivity, and climate-smart agriculture. Through our innovative solutions, we aim to bridge the gap between financers and smallholder producers.
KoltiPay, the e-wallet feature integrated into our FarmCloud application, plays a vital role in promoting financial inclusion in rural areas. With KoltiPay, we enable smallholder producers in remote regions to access digital financial services, providing them with a convenient and secure platform for their financial transactions. This e-wallet empowers users to send and receive payments, save money, crop transaction, and eLoans, and access a range of PPOB financial services.
On the other side of the spectrum, local cooperatives and micro-financial institutions can access the KoltiPay Loan web feature to manage loan distribution and assess farmer profiles through an all-in-one dashboard management system.
One of the critical components of this Closed Loop Loan & Agri Input Ecosystem is the provision of agri-inputs (fertilizer, compost, biochar, seedlings, etc) loans to producers. Recognizing that high-quality agri-inputs are vital for enhancing crop productivity, we support our agribusiness clients and financial institutions in collaboration with our distributor subsidiary, Kudeungo Sugata.