Jakarta, June 2, 2026 — Koperasi Simpan Pinjam (KSP) Sahabat Mitra Sejati held its 2025 Fiscal Year Annual General Meeting (AGM) as a demonstration of its commitment to sound, transparent, and sustainable governance. Held under the theme “Synergy of Sustainable Values,” the AGM was conducted in hybrid format at Sampoerna Strategic Square Building, Jakarta.

The meeting was attended by members of the management board, supervisory board, cooperative members, and delegates from various regions. Also present were Henra Saragih, Deputy for Institutional Affairs and Cooperative Digitalization at Indonesia’s Ministry of Cooperatives; Try Aditya Putra, Assistant Deputy for Institutional and Legal Entity Affairs of Cooperatives; and notary Dr. Dewi Tenty Septi Artiany, S.H., M.H., M.Kn.

Henra Saragih emphasized that the AGM is not merely an annual agenda item but the highest forum reflecting the quality of a cooperative’s governance. He noted that the timeliness of holding the AGM serves as an important indicator of institutional health, as well as a means of evaluation to drive improved organizational performance.

“Indonesian cooperatives continue to be encouraged to transform into healthy, independent, modern, and competitive institutions. Cooperatives that grow well will become a driving force for the people’s economy,” he said.

The 2025 fiscal year AGM was held amid challenging economic conditions. Slowing economic growth and weakening public purchasing power have placed pressure on members’ business activities, particularly micro and small enterprises that form the core of the cooperative economy.

Deddy Irja Pratama, First Chairman of the Management Board of KSP Sahabat Mitra Sejati, stated that these conditions require the cooperative to focus not only on business growth but also on ensuring members’ resilience in facing economic pressure. He said that a cooperative’s success should not be measured solely by asset and profit growth, but by its ability to generate tangible benefits for its members.

“True success is when members are able to endure difficult times, recover, and genuinely feel the benefits of the cooperative’s presence,” Deddy said.

Throughout the 2025 fiscal year, KSP Sahabat Mitra Sejati not only provided access to financing but also strengthened mentoring and business empowerment programs to help members survive and grow amid economic challenges. This commitment was reflected concretely by involving members’ culinary products in the AGM’s activities, allowing the cooperative’s economic benefits to be felt directly by its members.

Ito Sumardi Djunisanyoto, a member of the Supervisory Board of KSP Sahabat Mitra Sejati, stated that the management board and the executive team have applied the principle of prudence in running the cooperative’s operations. He emphasized that strong oversight is a key instrument in maintaining governance integrity, managing risk, and ensuring the cooperative’s sustainability for all members.

This commitment is reflected in the story of Tri Utami, a member of KSP Sahabat Mitra Sejati from Semarang. When the Covid-19 pandemic hit her business hard, the cooperative provided mentoring and financing support that helped her survive and recover. As economic conditions improved, Tri successfully expanded her business from producing rambak crackers to a culinary venture selling sempolan made from mackerel tuna, and further diversified her family’s income through a boarding house business.

Tri’s story stands as evidence that the cooperative does more than provide access to financing — it also serves as a partner that supports members in growing, becoming independent, and improving their families’ welfare.

The 2025 fiscal year AGM marks a milestone for KSP Sahabat Mitra Sejati in strengthening the foundation for healthy and sustainable growth. By prioritizing good governance, the principle of prudence, and member empowerment, the cooperative remains optimistic about its ability to continue creating value, expanding benefits, and sustainably improving members’ welfare amid an ever-evolving economic landscape.