This year Mekar will launch a crowd-funding platform as means for institutional investors to invest in MSMEs

Indonesia state-owned lender Bank Negara Indonesia and Banyuwangi Regency in East Java are teaming up to launch an e-commerce entity, Banyuwangi-Mall.com, that will enable micro, small and medium enterprises to market their products online. Meanwhile, venture capital firm Sampoerna Wirausaha, known as Mekar, owned by Sampoerna Group, has signed agreement with Indonesian Young Entrepreneurs Association to provide loan to micro, small and medium enterprises.

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This year Mekar will launch a crowd-funding platform as means for institutional investors to invest in MSMEs