Phapros disburses IDR 1.1 billion for Partnership Funds Phase III/2022.

Semarang, September 28th, 2022 - PT Phapros Tbk, a subsidiary of PT Kimia Farma Tbk, distributed partnership funds for stage III/2022 to small and medium-sized businesses on Wednesday (28/9) at the Imam Bonjol office, Semarang, Central Java.

The partnership fund distribution program is a form of Phapros' commitment to develop the capacity of small businesses to become more independent, capable of driving economic growth, and creating an atmosphere of development equality and job opportunities expansion in the region.

Hadi Kardoko, CEO of Phapros, who attended the partnership fund disbursement virtually, congratulated the 16 prospective foster partners who will receive assistance from the MSME financing program. He stated that the funds can be used properly in accordance with the submitted proposals. His hope is that the businesses will become smoother, more advanced, and beneficial to the surrounding communities.

"The total amount of funds disbursed in stage III/2022 is Rp 1,115,000,000 with 16 foster partners scattered in the regions of Central Java and West Java. The foster partners are engaged in trading, industrial, and service sectors," said Hadi Kardoko.

"Until September 2022, Phapros has distributed funds of Rp 2,770,000,000 to 40 foster partners throughout Indonesia," he added.

Phapros always facilitates its foster partners by participating and making a tangible contribution in various MSME exhibitions, both at the local and national levels. This includes providing various training and benchmarking activities for MSME business development, with the aim of promoting its foster partners to become more advanced and successful.