Koltiva, a leading Indonesia AgriTech company, has joined the SME Finance Forum as its newest global member. The Forum, which consists of SME financing experts from over 80 countries, aims to expand access to finance for small businesses worldwide through knowledge exchange and innovation. Started in 2012 as an exploration phase, by 2016, the Forum had established a network of over 240 active member institutions operating in more than 190 countries with the common goal of supporting under-served enterprises.
Koltiva is committed to enabling inclusive, climate-smart, and traceable global supply chains by combining the triple-tech approach (AgriTech, FinTech, and ClimaTech) and boots-on-the-ground services to improve producers' outcomes and profitability while building more sustainable supply chains. Koltiva’s focus and commitment align with the goals of the SME Finance Forum.
"Hundreds of millions of smallholder producers have faced low remuneration for their hard work and prices for their produce, resulting in extreme poverty. While rural communities need financial services the most, they remain the largest unserved market for financial services. Providing financial inclusion in these areas can unlock the economic potential of rural regions, ultimately increasing household income and job opportunities," said Manfred Borer, CEO of Koltiva.
He added that with a strong vision to be the world's leading tech company in building ethical, transparent, and sustainable supply chains, Koltiva helps 6,000+ enterprises to digitize and verify global supply chains. At the same time, it supports 750,000+ smallholder producers to improve their farm productivity and increase annual income up to 4x higher.