Partnership Program (PK) is a program provided in the form of revolving loan to finance working capital and/or to acquire fixed assets in order to improve production and selling.
The Company conducts the Environmental Development Program to turn small business and cooperative to be independent through the use of Company’s revolving loan. The loan is distributed across the operational areas of the Company.
The purpose of Partnership Program (PK):
1. Helping the medium-, small- and micro-business (UMKM) and active cooperative develop and independent.
2. Encouraging business activity and local economy growth as well as equitable development distribution through the expansion of job and business opportunities.
3. Increasing Company's concern toward community and environmental development, particularly around the Company’s operational area.
While conducting PK, PT TIMAH is also actively involved in providing job opportunities, training, and low-interest capital assistance. Those who receive loans are small entrepreneurs who have business in the vicinity of the Company are, which then called as development partners. The development strategy and policy are based on "3S": Successful Delivery, Successful Coaching, and Successful Return. Successful Delivery means punctuality in providing capital assistance to small business and cooperatives which considered deserve for the loans through evaluation process. The Company then conducts education and training to realize a "Successful Coaching". After that, the company achieves the "Successful Return" by monitoring the development partners until they are able to repay the loan in a timely manner.