OUR PROGRAM

konco

KONCO

KONCO (Javanese for “FRIEND”) is a sharia compliant contract farming product aimed at enabling higher …

the-problems

THE PROBLEMS

Indonesian smallholder farmers are unable to grow out of poverty due to market inefficiencies in credit distribution, rural supply chain logistics, and knowledge gaps.

barriers-to-credit

BARRIERS TO CREDIT

Established financial institutions cannot disburse loans to farmers that work rented land or do not own clear land titles. Rural loan sharks that charge high interest rates become the default source of credit trapping farmers in a cycle of poverty and debt

supply-challenge

SUPPLY CHALLENGES

Farmers have difficulty acquiring quality inputs in the quantities that meet their needs in time for optimal planting schedules

knowledge-gaps

KNOWLEDGE GAPS

Vital information gap on low-cost farming technologies and practices that are easily implemented and significantly improve farming yields

unfair-pricing

UNFAIR PRICING

Debtors are forced to sell harvests to loan sharks at below market prices. Independent farmers coerced to sell harvests to loan sharks as well, as they typically control the machinery and trucks required for harvesting

solution-icon

THE SOLUTION

Vasham designed and developed an innovative solution to help Indonesian smallholder farmers to grow out of poverty. We serve as an aggregator working with financial institutions, agriculture companies. government and non-government organisations to deliver beneficial products and services to smallholder farmers through a single, end-to-end solution.

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opppurtunities

THE OPPORTUNITIES

geography

GEOGRAPHY

To serve over 18 million smallholder farmers

Expansion to all over Indonesia

product

PRODUCT

Extend closed-loop model to other crops, most notably soybean and rice

aggregator

AGGREGATOR

Partnering with other aggregator companies in the agriculture value chain

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