Indonesia's Financial Services Authority (OJK) launched the first phase of a programme to digitise financing across the dairy cattle ecosystem in the Malang region, in collaboration with the International Labour Organization. The initiative aims to support regional economic growth by strengthening cooperative governance and widening access to formal finance for dairy farmers through a digitally enabled value-chain approach. The programme forms part of the OJK–ILO PROMISE II Impact Project and focuses on implementing an Enterprise Resource Planning (ERP) system for dairy farmer cooperatives to improve efficiency, transparency and integrated data management. The ERP is designed to cover modules including membership, milk intake, logistics, finance and animal health, and will be integrated with alternative credit rating providers (Penyelenggara Pemeringkat Kredit Alternatif, PKA) and financial services aggregation providers (Penyelenggara Agregasi Jasa Keuangan, PAJK) to help expand inclusive financing, particularly for underbanked and unbankable farmers. OJK linked the work to its regional financial access efforts through the Regional Financial Access Acceleration Team (TPAKD), while local data cited at the event indicated 85,820 dairy cows and 75,568.68 tons of milk production in Malang as of June 2025, supporting more than 12,051 farmers. OJK indicated it intends to extend the dairy ecosystem financing digitisation programme to other regions, with the Malang launch structured as an on-boarding phase that also included a focused group discussion and site visits to support implementation and identify further collaboration opportunities.

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