Gramindo

DKI Jakarta, Indonesia
Pledged :
16.11%
Raised :
0.00%
    Retail investors: Base ROI
    Silver investors: 1% higher ROI
    Gold & Platinum investors:
    Higher exclusive return
  • Projected Return

    7%

  • Additional Rental Income

  • Projected Timeline

    6-7 months

  • Maximum Total Investment

  • Minimum Total Investment

  • Fundraising Goal

    SGD $310,350.00

  • Raised

    SGD $0.00

  • Time Remaining

    23 day(s) to go

Minimum amount is SGD $10000 Maximum amount is SGD $
Edit Investment Amount:
S$

* Minimum Investment is SGD10,000.

* Investors may invest in their respective currencies, which will then be converted to IDR. This means that all investments received will be denoted in IDR and payouts will be actualised in IDR. For administrative purposes only however, our documents reflect the investment at the equivalent applicable SGD amount.

About the campaign creator

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Mohammad Anas
DKI Jakarta, Indonesia
54 Campaigns | 0 Loved campaigns

Contact Info

Social Link

Project Video​​

KEY HIGHLIGHT OF THE PROJECT

Jasa Gramindo Berkah Madani (“Gramindo”) will use the investment fund for their group microfinancing activities. Gramindo financing will be distributed to about 1,000 women. The project tenor will be a minimum of 6 months and maximum of 7 months.

OVERVIEW OF THE COMPANY

Jasa Gramindo Berkah Madani

Gramindo is a service Cooperative with a savings, loans and compensation unit offering Grameen-based micro financing specifically for groups of women running Shariah observant businesses.

Gramindo uses Gayatri Microfinance platform as the Gramindo delivery channel for this business which focuses Gramindo’s efforts to improve the community’s standard of living via financial assistance to become a Madani community or a community of excellence. 

The Head Office is in Jakarta while the operational financing unit is in Yogyakarta. Running since 2018, Gramindo through the use of Financial Technology is now poised for better transaction speed, transparency and work effectiveness in line with the current millennial era. 

PROJECT PARTNERS

Okky F Achmad
CEO & Founder, Jasa Gramindo Berkah Madani

Experienced Group Head and a career banker. Skilled in Credit Risk, Risk Management, Banking, Loans, Collection and Credit Analysis. Strong micro finance professional.

SME & Micro Banking Group Head Bank Syariah Mandiri.

COLLATERALS

Access to Gramindo’s Escrow Bank Account.
Personal Guarantee Letter from the CEO.

KEY RISKS AND MITIGATION MEASURES

FX RISK

This campaign is denominated in Indonesia Rupiah (IDR), and therefore impacts non-Indonesian Investors who have to bear FX risk should there be a depreciation in the IDR.There will be no exchange rate guarantee given or currency hedging done for investors. Instead, a higher projected ROI has been negotiated with the project company to account for exchange rate risks. The given projected ROI is the final returns investors should take into their consideration.

Risk Mitigation: There will be no exchange rate guarantee given or currency hedging done for investors. Instead, a higher projected ROI has been negotiated with the project company to account for exchange rate risks. The given projected ROI is the final returns investors should take into their consideration.

 

CREDIT RISK

There are areas known to have non-performing financing, such as some areas in Sukabumi, West Java. Those areas have higher credit risk than other areas. The financing extended is not backed by asset collateral. 

Risk Mitigation: Financing will be distributed in Yogyakarta, a selected area that doesn’t have a history of non-performing financing. Although this kind of financing is not asset-backed, and there is risk to capital, Gramindo has refined their pipeline, scoring, disbursement, reporting and collection processes so that every application is properly analysed. 

INVESTMENT STRUCTURE

Investors will appoint PT SMB to enter into a Mudharabah contract with Gramindo. The purpose of this Mudharabah contract is to allow Gramindo  to receive funding necessary for the financing of 1000 women in the Gramindo Group. 

EXIT STRATEGY

Gramindo will receive the payments from 1000 women in 6 months, Gramindo will pay the investors their capital and profit.

 

DISCLAIMER

This campaign facts and the content herein do not constitute as any financial advice, or solicitation for the purposes of making financial investments in Indonesia or other territories. Ethis.co is a platform specialising in the match-making of opportunities to those who register themselves as members on the Ethis platform. With regards to these opportunities, the need and onus to do due diligence lies squarely with our members as we do not profess to advise on the same. All dealings and transactions are directly with the businesses, project owners or authorised agents we refer to our members.

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Retail Investors

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Silver Investor

Earn a 1% higher projected returns by investing between SGD 20,000 and SGD 100,000

Gold Investors

Earn higher returns on your investment by investing between SGD 100,000 and SGD 350,000

Platinum Investors

Get exclusive returns on your investment by investing amounts greater than SGD 350,000


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Risk Statement

The campaign duration is projected by the project owners, and based on information we receive from them. The actual completion of projects is subject to real world conditions, which may cause an extension of duration by 2 to 12 months. Any extensions will be informed to investors in projects updates. In the event of project or business failure in property projects in particular, a recovery process may be initiated to recover some or all of the capital invested.