LPDB Koperasi shares Indonesian revolving fund model at ASEAN forum

The Indonesian Revolving Fund Management Agency (LPDB Koperasi) presented its revolving fund financing models to ASEAN delegates during the 32nd ASEAN Centre for the Development of Agricultural Cooperatives (ACEDAC) and the 27th ASEAN Sectoral Working Group on Agricultural Cooperatives (ASWGAC) meetings in Yogyakarta.

Deva Rachman, Director of General Affairs and Law at LPDB Koperasi, highlighted Indonesia's efforts to strengthen agricultural cooperatives through affordable financing, digital technology utilization, and the empowerment of women-led cooperatives. A key focus of the presentation was the Merah Putih Village/Sub-district Cooperative (KDKMP) model, which functions as an aggregator, consolidator, and off-taker to connect farmers directly to markets and supply chains.

ASEAN delegates expressed interest in studying these approaches to support food security and improve farmer productivity and welfare within their own countries.