Deputy Minister of Cooperatives (Wamenkop) Ferry Juliantono said funding for the Red and White Village Cooperative (Kopdes) could begin after the official launch on July 21.
For your information, the Red and White Kopdes is entering the final stages of preparation for the launch. The plan is that the launch will be carried out directly by President Prabowo Subianto on Monday, July 21, 2025, and is concentrated in Klaten, Central Java.
The Chief Executive of the Daily Task Force for the Acceleration of the Formation of the Red and White Kopdes also said that the initial financing of the Kopdes would be channeled through People's Business Credit (KUR) specifically with a ceiling of up to Rp. 3 billion per cooperative.
The interest rate imposed is 6 percent, with a tenor of 6 years for working capital and 10 years for investment. The government also proposed a grace period of 6 months to provide space for cooperative adaptation in the early stages of operation.
"God willing, on July 21, all formations will be completed. Then starting July 22, the Red and White Kopdes will be able to access funding through KUR from Himbara Bank," said Ferry at the Office of the Coordinating Ministry for Food, Jakarta, Tuesday, July 15.
Ferry ensured that the cooperative's institutional structure was almost complete. As of mid-July, 81,147 special village deliberations had been carried out, with 78,271 Kopdes units (96.45 percent) having received legal entity approval.
Regarding the Kopdes/Kel financing scheme, Ferry explained that later it would involve the cooperation of the three parties, namely the cooperative itself, distributors or suppliers, and channeling banks.
Later, said Ferry, Kopdes will apply for financing to Himbara Bank or BSI according to their needs. Then from banks will conduct a review of the feasibility of the business to determine the amount of funding approved.
Then related to 103 pilot or mockup of the Red and White Kopdes, it is confirmed that all of them are ready both in terms of the business ecosystem and from the financing scheme.
"By October, these 103 pilotes will be operational models. Our target is that on October 28, all cooperatives are really running," said Ferry.
Previously, the Coordinating Minister for Food Zulkifli Hasan explained that Kopdes had to pocket careful planning. After that, Himbara will disburse loans with a ceiling of IDR 3 billion.
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"Later, IDR 3 billion on loans from Himbara. Loans, loan ceilings. But after the business is clear. Don't just take money, no. So it's not the state budget," he said at a press conference, at the Coordinating Ministry for Food Affairs Office, Jakarta, Monday, July 7.
Zulhas, as he is familiarly called, said that the Red and White Kopdes must have a clear business line first. So that when capital comes in, it can later support cooperatives to grow and develop.
"We form this KoPDes in the right way, we think about its business first, after the business is there, then the financing (enters) will be IDR 3 billion in loans," he explained.
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