Indonesian agritech pioneer Crowde has battled competition to stay ahead by pivoting from crowdfunding farming projects to channeling institutional lenders’ funds into agricultural loans.
Why
Agricultural funding difficulties
Few banks operate in rural areas or offer loan products to low-income farmers.
Exploitative loan sharks, middlemen
Farmers rely on them for high-interest funds and sell products at distorted low prices.
Market
$137bn
GDP value added by agriculture, forestry and fishing industries of Indonesia in 2020, according to World Bank data.
The rest of the content is only available if you are logged in.
