Financial Access signs landmark MoU with Bank Jambi
26 September 2019
Financial Access and its Indonesian fintech joint venture PT Kreditek Financial Access have signed a milestone Memorandum of Understanding (MoU) with regional development bank Bank Jambi today. The signing ceremony was hosted by the Indonesia Chamber of Commerce (KADIN) in the presence of the Governor of Jambi Province.
The GREAT program has been picking up steam in the past few weeks. After the initial field visit, our team has been hard at work to build a more precise understanding of the supply chain dynamics in the tea, vegetables and passion fruit sectors. Thanks to the extensive data that was collected in the field, we were also able to quantify and model the smallholders’ cash flows over the crop cycles.
Financial Access has entered Vietnam through the Australian Government-sponsored Gender Responsive Equitable Agriculture & Tourism (GREAT) program. Through improved private sector development and better access to markets and finance the GREAT program aims to improve the economic livelihoods of women of ethnic minority groups in north-west Vietnam.