Supporting the Progress of SMEs, Phapros Distributes IDR 595 Million Partnership Funds Phase I/2022.

Semarang, March 29th 2022 - PT Phapros Tbk, a subsidiary of PT Kimia Farma Tbk, disbursed partnership funds in phase I/2022 to small and medium-sized enterprises on Tuesday (29/3) at the Imam Bonjol office in Semarang, Central Java.

The partnership fund distribution program is a commitment from Phapros to develop the capacity of small businesses to become more independent, capable of driving economic growth, thus creating a sense of equitable development and increasing job opportunities in the area.

Phapros' CEO, Hadi Kardoko, who attended the partnership fund disbursement virtually, stated that the partnership fund is used in accordance with the intended purpose at the time of loan application and can be beneficial for the surrounding community. He also hoped that Phapros could continue to grow so that it could provide partnership funds to SMEs and the surrounding community.

"The total funds disbursed in phase I/2022 amounted to Rp 595,000,000, with 10 partners spread across the Central Java and West Java regions. The partner companies are engaged in trade and services," said Hadi Kardoko.

"We hope that this partnership program can continue to grow so that the economy can grow nationally," he continued.

GM Corporate Secretary, Zahmilia Akbar, added that during the Covid-19 pandemic, the SME sector has been a supporter of Indonesia's economic growth. The contribution of SME products continues to grow significantly above 50% for GDP (Gross Domestic Product).

Phapros always facilitates its partners by participating and making real contributions in various local and national SME exhibition events, such as the Inacraft exhibition held annually, including providing various training and benchmarking for SME business development to help its partner companies grow.