BPD Bali cocoa financing reaches Rp4.525 billion in OJK-backed Bali scheme

Tabanan — — Bank BPD Bali has reported Rp4.525 billion in cocoa-sector financing as part of an OJK-orchestrated scheme to build a closed-loop cocoa ecosystem in Bali, with Tabanan positioned as a key development area. The cooperation event was held in Tabanan in mid-September 2026, but the exact signing date and venue reported in some drafts cannot be verified from available sources and have been removed.

The partnership links the Bali office of the Financial Services Authority (OJK), Bank BPD Bali, regional guarantor PT Jamkrida Bali Mandara, BPJS Ketenagakerjaan, cocoa processor and off-taker PT Cau Cokelat Internasional, and farmer groups in Tabanan and Jembrana, according to BPD Bali and local media coverage.

BPD Bali’s director of credit Made Lestara Widiatmika said the bank has consistently financed the cocoa value chain, including individual farmers, farmer groups and offtaker companies in Bangli, Buleleng, Tabanan and Jembrana. He stated that total cocoa financing reached Rp4.525 billion, with the largest share, Rp2.915 billion, in Jembrana (also known as Negara), where the financing has been in place since last year.

Processing demand sets supply target

Local reporting on the Tabanan initiative notes that Cau Cokelat’s factory can process around one to two tonnes of cocoa per day and estimates an annual requirement of roughly 350 tonnes at minimum operating levels. The calculation assumes productivity of about one tonne per hectare, implying a supply area in the order of 350 hectares.

Based on landholding patterns in the area, the processor is expected to collaborate with several hundred smallholders. Media reports quote estimates of around 300 to 500 farmers to meet the factory’s minimum annual demand, given that typical individual holdings range between roughly half a hectare and 2,000 square metres.

OJK Bali has described the initiative as part of its Regional Economic Development efforts under the Regional Financial Access Acceleration Team (TPAKD), focusing on integrated support from upstream production to downstream processing. The cocoa scheme is designed to combine bank financing, credit guarantees, worker protection, farm rehabilitation and assured market access through a dedicated off-taker.

Credit products and risk protection

According to BPD Bali, cocoa farmers can access loans through its People’s Business Credit programme, or KUR, which offers tiered facilities at relatively low interest rates. The bank lists Super Micro KUR for loans up to Rp10 million without collateral, Micro KUR for amounts above Rp10 million to Rp100 million without collateral, and Small KUR for amounts above Rp100 million to Rp500 million.

For medium-sized businesses and offtakers that have graduated from KUR, BPD Bali offers Kredit KUSUMA, aimed at prosperous, superior and advanced enterprises, and Kredit Usaha Alsintan, an agricultural equipment facility the bank expects to evolve into a broader agricultural credit product.

BPD Bali says agricultural lending accounts for around 12 percent of its productive credit portfolio, with non-performing loans in agriculture below 1 percent, a performance the bank attributes to on-the-ground analysis and selective verification.

OJK Bali has explained that the cocoa model also relies on credit guarantees from PT Jamkrida Bali Mandara and worker protection through BPJS Ketenagakerjaan. In statements reported by local media, OJK Bali head Parjiman has indicated that once the Bali cocoa ecosystem is established and evaluated, similar schemes could later be extended to other regions, including West Nusa Tenggara, with North Lombok mentioned as a potential pilot area.

Context and scale

OJK Bali’s earlier regional communications outline that the Tabanan programme builds on a 2024 closed-loop cocoa ecosystem developed in Jembrana, where BPD Bali provided KUR to cocoa farmers and working-capital credit to an off-taker cooperative, backed by multiple guarantee institutions. That earlier scheme covered around nine farmer groups and roughly 100 farmers with about 100 hectares under cocoa, and serves as a template for the current expansion into Tabanan.

In the Tabanan initiative involving Cau Cokelat and BPD Bali, OJK has cited a potential financing pipeline of around Rp6 billion for cocoa farmers incorporated into the new ecosystem. However, publicly available information does not break down how much of BPD Bali’s reported Rp4.525 billion in cocoa financing has been disbursed specifically in Tabanan, nor does it provide a formal numerical target for raising farmer income.

Sources

• Bank BPD Bali – Stakeholder Sektor Pertanian di Tabanan Sambut Antusias OJK Kawal Akses Pembiayaan Berbasis Ekosistem Bersama Bank BPD Bali
• Detik Bali – Bank BPD Bali Gandeng OJK Perkuat Hilirisasi Sektor Pertanian di Tabanan
• NusaBali – Kakao Tabanan Dibangun dari Hulu hingga Hilir
• OJK Provinsi Bali – Siaran Pers: Kinerja Industri Jasa Keuangan Provinsi Bali Posisi Januari 2025