Photo: Korindo Foundation representative hands over capital aid to one small business owner at Pancoran Subdistrict Office, South Jakarta
JAKARTA – Korindo Group demonstrated its dedication to promoting local economic growth through Green UMKM, a Corporate Social Contribution (CSC) initiative, at Pancoran Subdistrict Tuesday (4/22). Green UMKM offers capital assistance worth IDR 2,000,000 to five lucky owners of local micro, small, or medium businesses (MSMEs).
Its goal is to strengthen business foundations before recipients go on to grow and compete on a broader scale. Korindo Group hopes this aid helps them expand inventories, enhance product quality, and extend market reach.
“We want to really enable these businesses to survive and grow, especially with all the hurdles of today’s economy,” said Lee Sunghoon, Korindo Foundation’s general secretary.
The funding was distributed directly to select shop owners who met the requirements: having a running business, business development plan, and social (or environmental) impact. These criteria ensure capital is provided to the right people and benefit the recipients in the long run.
“Korindo’s aid means a lot to us and really works to promote small business growth. We hope to see this program continue and reach more people,” said Evi Yulianti, one beneficiary.
In the spirit of sustainability, Korindo Group strives to bring small-scale businesses to new heights and stimulate the local economy. (PR)
