is the abbreviation for Kredit Koperasi Primer Anggota, or literally translated as Credit for Cooperative Primary Members.
Cooperation between BRI and PT PNM is realized by utilizing PT PNM as fund source for KKPA
with a funding commitment of Rp 158.7 billion.
In 1999, poultry farming industry began to recover especially after the availability of cheap credit (KKPA
) for poultry farmers.
The 41 plantation companies cover a total area of 199,500 hectares of land including 41,000 hectares of plasma and KKPA
Apart from this, according to AGI, the interest rate on KKPA
(Credit for Primary Cooperatives and Their Members) needs to be lowered from the current level of 16% to 10.5%, which is the same as the interest rate on KUT (Credit for Farmers' Business), so that farmers can be encouraged to grow sugar canes.
Bank Bukopin is also currently channelling funds of various Government credit programmes such as KUT (credit for agricultural projects), KKPA
(credit for primary cooperatives) and Kkop (food credit).
The remaining Rp 37 billion are set aside as special fund to support development of farms to raise free range chicken, ducks, sheep, beef cows and dairy cows through the KUT and KKPA
low interest credit.