Startup create a shrimp aquaculture financial ecosystem
Alune Aqua has significant amounts of capital available to fund improvement and operational financial requirements
(INDONESIA, 9/8/2020)
Alune Aqua is a startup based in Indonesia that is improving the aquaculture industry by offering loans that meet the needs of farmers, reports Nossa Capital.
Shrimp farming in Indonesia is a $4 billion industry employing over 3 million people, yet it is an industry, which has been slow to adopt technology, and financial loan terms do not meet the needs of farmers. Alune is making shrimp farming more efficient and sustainable by offering loans that meet the needs of farmers and enable new technologies and improvements on farms, whilst offering investors access to an SDG aligned asset class.
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