April 22, 2021

Phapros Continues to Distribute Rp 960 Million in Partnership Fund

PT. Phapros, Tbk distributed the second phase of partnership fund worth Rp 960 million for nine micro, small and medium enterprises (MSMEs) as a commitment to the implementation of Corporate Social Responsibility (CSR).

President Director of PT. Phapros, Tbk, Hadi Kardoko, said that the distribution of partnership funds is expected to be a stimulus that can encourage MSME partners to develop their businesses.

"Moreover, the role of MSMEs is very vital in supporting the economic climate change and the increase of employment opportunities that encourage economic growth on a regional and national scale," he explained in a press release in Jakarta (22/4).

The second phase disbursement of this partnership fun is worth Rp 960 million. The previous phase was carried out in February 2021. The handover was carried out in Kota Lama, Semarang today, while still implementing strict health protocols.

This fund was given to 9 MSME partners, which are located in Semarang, Pekalongan, Kudus, Magelang, and Cirebon. The types of business are various, including chicken slaughterhouses, ponds for catfish farming, clinics and others.

"Phapros is also committed to providing assistance and coaching for these MSME partners with various kinds of training. We hope that MSME partners will have a place to get additional references and knowledge in developing their businesses," said Hadi Kardoko.

From 1997 to April 2021, the total partnership funds disbursed were more than IDR 39 billion with a total of 783 partners. For the next plan, PT. Phapros, Tbk. will distribute the final phase of partnership fund at the end of 2021.