{
    "success": true,
    "data": {
        "id": 1065915,
        "msgid": "inkud-gets-540m-in-loans-1447893297",
        "date": "1996-07-16 00:00:00",
        "title": "Inkud gets $540m in loans",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "Inkud gets $540m in loans JAKARTA (JP): The federation of village cooperatives (Inkud) has raised Rp 1.27 trillion (US$540 million) in syndicated loans from five private commercial banks -- Bank Danamon, Bank Universal, Bank Duta, Bank Niaga and Bank Bukopin. The federation's president, Jeff Mustopha, said last week that Bank Damamon pledged Rp 700 billion of the syndicated loans, Bank Universal Rp 250 billion and Bank Duta another Rp 125 billion.",
        "content": "<p>Inkud gets $540m in loans<\/p>\n<p>JAKARTA (JP): The federation of village cooperatives (Inkud)<br>\nhas raised Rp 1.27 trillion (US$540 million) in syndicated loans<br>\nfrom five private commercial banks -- Bank Danamon, Bank<br>\nUniversal, Bank Duta, Bank Niaga and Bank Bukopin.<\/p>\n<p>The federation's president, Jeff Mustopha, said last week that<br>\nBank Damamon pledged Rp 700 billion of the syndicated loans, Bank<br>\nUniversal Rp 250 billion and Bank Duta another Rp 125 billion.<\/p>\n<p>Each of the other two banks, Bank Niaga and Bank Bukopin,<br>\nagreed to provide Rp 100 billion, Jeff said.<\/p>\n<p>He said that the federation would use around Rp 170 billion of<br>\nthe total loans to finance its clove purchases.<\/p>\n<p>The federation is the only body allowed by the government to<br>\nbuy cloves from farmers, which are then sold to cigarette<br>\nproducers.(hen)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/inkud-gets-540m-in-loans-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}