TWC Partnership Fund Helps MSMEs Recover Ahead of Post-Pandemic

PT Taman Wisata Candi Borobudur, Prambanan & Ratu Boko through the Environmental Social Responsibility (TJSL) program distributed partnership funds of 170 million rupiah to seven fostered partners at the PT TWC Head Office, Monday (11/4/2022). This is in accordance with the BUMN's commitment to assist micro, small and medium enterprises (MSMEs) in the economic recovery process.

The distribution of funds for fostered partners was carried out by Plt TJSL & SME Founding Manager PT TWC Ismiyati accompanied by SME Loan Management & Reporting AM Purwanti Pujiastuti and Pjs TJSL & SME Funding Planning AM Roto Toge and handed over to the representative of fostered partners Ambar Sriningsih.

The owner of the HR Ambar batik business, Ambar Sriningsih, said that the business funds from PT TWC will be used for the process of recovering her business, along with the improving conditions towards the post-pandemic. Some of it is used for the process of procuring production materials and to cover maintenance costs during the production process.

"The funds we are applying for will be used for production purposes at HR Ambar, considering that currently many orders are starting to come in. This cost will be used to find raw materials and production costs, because orders have started to come in at our place," explained Ambar Sriningsih.

Batik HR Ambar, located in Wedi, Klaten, Central Java, produces batik cloth and uniforms. In early 2022, Batik HR Ambar received many orders for making uniforms, both from offices, schools and other community organizations.

"While we want to procure raw materials, but limited capital available. So, this business funding assistance is very meaningful for us to run all incoming orders," continued Ambar.

In the first quarter of 2022, PT TWC has distributed partnership funds of 600 million rupiah to 15 fostered partners consisting of various types of businesses such as grocery traders, food industry, building stores, crafts, creative industries and batik crafts.

Acting TJSL & SME Founding Manager of PT TWC Ismiyati said that this business fund will be focused on business development to increase the turnover of fostered partners.

In line with the objectives of BUMN in 2022 which are prioritized for the improvement of MSMEs in Indonesia, PT TWC is committed to assisting and encouraging fostered partners to move up a class. This is done through various efforts, such as distributing business funds, training and participating in national-scale exhibitions.

"Hopefully with the distributed business funds, the fostered partners can develop their businesses. Business development can be done by developing products to increase sales turnover which will affect the welfare of the fostered partners," concluded Ismiyati.