Phapros distributes Partnership Funds Phase II/2022 of IDR 1.06 billion for SMEs.

Semarang, June 24, 2022 - PT Phapros Tbk, a subsidiary of PT Kimia Farma Tbk, disbursed partnership funds in phase II/2022 to small and medium-sized enterprises on Wednesday (22/6) at the Imam Bonjol office in Semarang, Central Java.

The partnership fund distribution program is a form of Phapros' commitment to developing the capacity of small businesses to become more self-reliant and able to stimulate economic growth, creating an atmosphere of equitable development and increasing/expanding employment opportunities in the region.

Phapros CEO Hadi Kardoko, who attended the partnership fund disbursement virtually, congratulated 14 partner candidates who received rolling partnership fund assistance. He said that the funds provided could be used as intended so that the business can continue to grow and benefit the community, such as creating job opportunities and economic impact for the surrounding area.

"The total funds disbursed in phase II/2022 amounted to IDR 1,060,000,000 by involving 14 partners spread across Central Java, West Java, and South Sumatra. The partner candidates have businesses in the fields of trade, industry, livestock, and services," said Hadi Kardoko.

"We hope that this partnership program can continue to develop and provide benefits to SMEs and the community," he added.

Phapros Corporate Secretary GM Zahmilia Akbar added that according to data from the Ministry of Cooperatives and SMEs, there were approximately 64.2 million SMEs in Indonesia in 2021. Until June 2022, Phapros had disbursed IDR 1,655,000,000 to 24 partners spread across Indonesia.

Phapros always facilitates partner candidates by participating and contributing significantly in various local and national SME exhibition events, including providing various training and benchmarking for SME business development, with the aim of helping partner candidates to progress and grow.