The government is accelerating the formation of tens of thousands of cooperatives in Indonesian villages. A total of 80,081 cooperatives have been formed and legally authorized, spread across the country.
The launch event was conducted in a hybrid manner, attended by thousands of village heads and cooperative managers from various regions. President Prabowo emphasized that cooperatives are a tool of struggle for the small people to become economically strong and sovereign.
Koperasi Merah Putih is designed for:
- Strengthen the economy of villages and urban villages,
- Increase farmers' exchange rate,
- Suppress local inflation,
- Improving financial inclusion, and
- Creating productive employment in the village.
The Merah Putih Village Cooperative is geared towards a 7-in-1 business model that includes a grocery outlet, village pharmacy, health clinic, savings and loan unit, cold storage, logistics services, and a cooperative office.
The spirit of establishment of the Merah Putih Village Cooperative:
- Providing economic certainty in remote areas of the country, one of which is about prices. Also to combat the phenomenon of middlemen who are widely circulated in villages.
- With the Merah Putih Cooperative, the government wants to break the long distribution chain, thus eliminating economic vampires.
SOEs such as Pos Indonesia and BRI also support cooperative operations through logistics and financial services. BRI, for example, integrates its AgenBRILink service into cooperatives to facilitate financial transactions in rural communities.
With regulatory support, funding from APBN/APBD, and cross-ministerial synergy, Merah Putih Village Cooperatives are encouraged to become the locomotive of the people's economy. The government hopes that this cooperative will become the backbone of sustainable, equitable, and inclusive village development. S
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