Angon.id CEO Clarification on Public Fund Chaotic Issues

In response to the DailySocial report entitled "Chaotic Cultivation Investment Startup Angon.id", Co-Founder & CEO Agif Arianto contacted DailySocial to provide clarification. As part of the right of reply, the following is an explanation according to Angon.id's side.

Conditions that occur

Agif told of crop failures experienced by online livestock owners (called member Angon) and realized as a loss. He claims this is not because Angon committed fraud or mismanaged money member.

It was claimed that there were unscrupulous breeders (belantik who claimed to be farmers) which resulted in livestock experiencing problems in weight growth. This condition was exacerbated by the decline in the selling price of livestock in the market.

Agif said, "The cattle that has bought member and loss is already a risk member. However, because of the type member Angon is different, conditions vary member Angon in responding to this incident."

"The most extreme thing is that CS Angon once wanted to commit suicide due to pressure from several members who experienced crop failures, even my mother-in-law's house was threatened with fire, called with swear words who did not want to know about the risk of loss that was being experienced and the same absolutely do not want to understand our explanation about that Angon is not a financial institution or investment manager or through crowdfunding which collects public funds and then distributes financing to farmers," he said.

Agif continued, "Angon's platform is an marketplace who are trying to digitize the livestock business process. Partners of people's breeders are like pet shop, just a place for animal care without profit sharing. If profit is 100% the result is taken by member, as well as when the loss is 100% covered member, because member choose their own livestock and the location of the livestock. After member buy cattle on the Angon app, member can directly take the livestock. The point is that the risk of raising online is the same as raising livestock offline. Member need to be wise in dealing with it."

Regarding the issue of Angon buying an office in a luxurious area of ​​Semarang, Agif also clarified that it was not true. The status of Angon's office in Semarang is a monthly rent, like a company co-working space.

Refund

To solve the problem of crop failure member, the Angon team claims to have communicated directly to member individually to avoid any party claiming to own livestock.

customer handling Angon is currently done via telephone and WhatsApp at 09.00-17.00 WIB at number 081220337376.

The alternative solutions that the Angon team are trying to offer are as follows:

• Member may extend the period of livestock care until prices improve (estimated in April-May 2019).
• For livestock owners who want to sell their livestock at the current price (at a loss) it will be processed within 4-14 working days.
• If member want refund, Angon tried to help facilitate it by installments 8 times.

"From this experience, we realize that not all smallholder farmers are trustworthy and not everyone understands the problem from various sides," concluded Agif.