Agritech

Investing in Indonesia’s smallholder farmers

August 16, 2023
Image from PasarMIKRO

Trade goods with PasarMIKRO! This Indonesian goods marketplace makes it easier for people to trade goods and commodities like eggs, coffee, and more!

  • What they do. Enable farmers, fisherfolk, and traders to get paid fairly and access capital. 
  • Oh, and they just raised fresh funding!

Investor check. Europe-based private sector development financier DEG and Ceniarth, Diane Isenberg’s family office, invested in the round!

  • PasarMIKRO’s last raise was a $2.5M seed last November. 
  • The amount raised was undisclosed. 

🥭 They’ve got supply

Supply chain woes? Hassle business transactions? Say goodbye to all of that with PasarMIKRO’s app!

  • Traders get access to do secure transactions, fast payments, and even trade credit. 
  • No need to have a hard time managing stocks. They also have a digital ledger function that helps you track your goods from farm to market. 

Why you need it? Farmers don’t have to just sell to people nearby! Being on the platform expands their reach to more potential markets—aka, more potential $$$. 

🐠 Quick, run the numbers!

They currently have over 1.3K registered suppliers and traders on the platform. 

Plus, they're active in East, Central, and West Java, Sumatra, North Sulawesi, and Bali! 

  • So far, they have distributed 188B IDR (~12.2M USD) to their trader network.  

💰 What’s with the $$$?

They’ll expand their trade and trade finance service offerings. 

  • Oh, and they’ll also strengthen their network of smallholder farmers, fishermen, and traders.

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