Danamon signs agreement with USAID

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Danamon Simpan Pinjam micro financing unit signed a business agreement with the United States Agency for International Development (USAID) to finance and develop agribusiness sectors such as agriculture and farming in selected communities.

The signing of the agreement was attended by Danamon micro banking director Minhari Handikusuma, Danamon director Ali Yong and USAID director for Indonesia Glenn Anders.

“This activity is part of our commitment to support the business development of agribusiness enterprises around Indonesia and to provide the best service to them through sustainable empowerment. We hope this partnership gives benefits to members of the agribusiness sector,” Minhari said.

Danamon Simpan Pinjam serves and assists in developing micro and small businesses. Since 2010, it has undertaken business expansion to the agribusiness sector, starting with oil palm and rubber plantations.

USAID is the United States’ independent government institution which offers developmental and humanitarian assistance globally. Since 1950, USAID has worked with the Indonesian government and civil societies to help development and meet the needs of its people.