The MOU represents the first step to exploring the use and adoption of technology solutions by the Koperasi and its members, with the company in partnership with its Indonesian business partner PT Alpha Millennia Indonesia, as their advisor on the availability and suitability of solutions to meet their respective needs.
VC Plus has signed a memorandum of understanding (MOU) with two cooperative agencies in Indonesia (collectively known as the Koperasi) and Indonesian business partner PT Alpha Millennia Indonesia to provide the Koperasi and their over 2,300 members with access to a suite of technology solutions for their operations.
A cooperative agency in Indonesia refer to people-centred enterprises owned, controlled and run by and for their members to realise their common economic, social, and cultural needs and aspirations. The cooperative agency is critical to the development of a financial and economic inclusive society in Indonesia and in many other developing countries in Southeast Asia as the members of the cooperative agency generally comprise mostly unbanked and underbanked individuals and micro, small and medium enterprises (MSME).
