PasarMikro

PasarMikro is an Indonesian technology platform serving both buyers and sellers transacting in the early stages of the agricultural commodity supply chain. Since its founding in 2020, the company has extended short-term credit to traders purchasing eggs, corn, rice, fruit and coffee directly from farmers, as well as credit to traders who aggregate these commodities for onward sale to larger traders. By introducing both transparency and liquidity to these transactions, the platform aims to help small farmers transact with a range of buyers and secure better, stable pricing. The company is very much a startup having raised an equity round of $2.5M in late 2022. Our loan of $750K joins early debt from the Rabo Foundation as the first borrowings that PasarMikro has closed in order to fund its working capital needs as a financial intermediary.