Coffee Project for Exporters in Medan

  • Project No.
  • Location
    Medan (North Sumatera)
  • Start of project
Overview

The IDB Group designed a US$1 million Murabaha trade finance operation in Indonesia for CV Ujang Jaya and CV Arvis Sanada in the coffee sector, to meet their pre-export financing requirements. The operation’s impact in this structure was 2 fold. First, ITFC directly financed the pre-export working capital requirements of the Exporter. Second and more important, by making payment to the suppliers who were the cooperatives, the 6,000 farmers in all 5 cooperatives were able to get the funds earlier than having to wait for the payment from the final buyers.

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35C, Office 8, LOT 28 SCBD
Jl. Jend. Sudirman Kav. 52/53
Senopati, Jakarta - Indonesia 12190
T: +62 21 2933 3468, F: +62 21 2933 3464,
E: cgoindonesia@isdb.org

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