What is AgriON?

AgriON is a platform that helps people to get financing or funding to develop their productive business activities from financial institutions online. The AgriON platform is recorded with the Financial Services Authority (OJK) as a Financing Agent as stipulated in the Regulation of the Financial Services Authority (OJK) Number 13 / POJK .02 / 2018 concerning Digital Financial Innovation.

What is a Financing Agent?

Financing Agent is one of the sectors in the Directorate of Digital Financial Innovation, OJK, which assists Financial Institutions in finding prospective borrowers, verifying and processing loan applications online through the AgriON application.

Who can apply for a loan at AgriON?

Any Indonesian citizen at least 21 years of age who already has a National Identity Card and has a productive business is allowed to register on the application and apply for a loan.

Does AgriON only facilitate financing for Agriculture?

Currently, AgriON is still focused on helping finance in the agricultural sector and is limited to financial institutions that have loan products in this field. However, in the future it is possible to develop other productive business sectors .

What about the interest rates at AgriON?

The loan interest rate at AgriON is in accordance with the interest policy set by the Financial Institution without any additions from AgriON. AgriON does not charge additional fees or interest from prospective borrowers who apply for loans through the AgriON platform.

How do I repay the loan (repayment)?

For loan repayment schemes, there are several options, including weekly, monthly installments or the loans even can be paid in full after harvest, depending on the type of agricultural product or the prospective borrower's business field. In principle, AgriON will seek and cooperate with financial institutions that can assist and facilitate prospective borrowers in repaying their loans .

How long is the loan tenor available at AgriON?

The tenor or length of the loan depends on the line of business and the loan product agreed with the financial institution. For example, corn farmers’ loan tenor are around 5 months, Edamame farmers’ loan tenor would be around 4 months and oil palm farmers are around 6 months.

Is applying for a loan online through AgriON safe?

Applying for loans online at AgriON is guaranteed to be safe because AgriON has been registered with the Financial Services Authority (OJK) which is authorised by the Government of the Republic of Indonesia to regulate and supervise all financial service institutions operating in Indonesia, thus providing a sense of security for all parties involved in the process.

How do I know my personal data is safe at AgriON?

We will store your personal information securely, protected by the best online security features in  accordance with our  Privacy Policy . AgriON has a good physical, electronic and managerial protection system to prevent unauthorised access or improper use of customer or user information. AgriON will not provide customer information to 3rd parties without permission, and will not contact you to ask for personal data other than for complete verification. AgriON also allows customers to make changes and even delete data stored in AgriON. 

How to register on AgriON?

For those of you who want to register to become AgriON users, you can download via the application in the Google PlayStore and simply fill in your name, date of birth and mobile number.