Governor Encourages Local Cooperatives to Boost Economy

iMedia
By iMedia
2 Min Read

Lombok Zone – In an effort to spur economic growth at the village level, the Merah Putih Village Cooperative (KDMP) is set to begin its business activities. This initiative was highlighted by NTB Governor Lalu Muhamad Iqbal during his visit to the Merah Putih Telaga Bertong Cooperative on Friday, March 13, 2026.

Governor Iqbal emphasized the importance of integrating various government programs with initiatives such as the Merah Putih Cooperative, which includes welfare schemes like the Free Nutritious Meals (MBG) program, fishing village projects, and integrated livestock farming.

To provide tangible support, he specifically requested Bank NTB Syariah to assist cooperatives that are ready to launch their businesses through its corporate social responsibility (CSR) program. Each cooperative will receive approximately IDR 25 million in goods, rather than cash, to kickstart their operations.

These goods are sourced from partners including Bulog, Pupuk Indonesia, and Pertamina. The cooperatives can then sell these items to the community, allowing them to generate a profit margin that can be reinvested as business capital.

“The key is for them to start doing business. From the sales margins, they can build their capital,” he stated.

Initially, about ten cooperatives are slated to benefit from this CSR initiative as a pilot project. Should this program prove successful, similar support will be extended to other cooperatives ready to engage in business activities. So far, CSR assistance aimed at promoting cooperative business activities has begun flowing from Bank NTB Syariah and Bank Mandiri.

Share This Article
Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *