West Sumatra, Indonesia
Pledged :
Raised :
  • Projected Return


  • Projected Timeline

    2-3 Months

  • SGD $466,966.00

    Fundraising Goal
  • SGD $466,966.00

  • 0

    Days to go
This campaign is fully funded.
  • PT Wahyu Jaaya (“Wahyu Jaaya”) recently received a work order from Indonesia's Ministry of Education (“MOE”) to purchase Chromebook tablets with educational specifications.
  • MOE has ordered 3,000 units of Dell Chromebooks and will distribute them to 200 schools in West Sumatra.
  • The work order is divided into 3 tranches, and the payment will be based on the completed tranches.
  • Products are imported from Dell Singapore due to an already confirmed stock.
  • Upon arrival in Jakarta, several applications/programs will be installed by Wahyu Jaaya’s vendor into these tablets.
  • The total time required to complete the first tranche is an estimated 45 days, while the payment process from MOE will take 15 days.
  • To mitigate any possible delays, Ethis has added a buffer of 30 days giving the project a total tenure of 3 months, maximum.
  • A personal guarantee from the Director of PT Wahyu Jaaya
  • Access to Wahyu Jaaya’s bank account
  • 2 shophouses at a prime area in Surabaya (135% Value)


Investments made in other currencies will be converted to Indonesia Rupiah (IDR) for project use. Investors may incur fx (currency) losses if there is a depreciation in the IDR to their own currency.

Mitigation Measure:

There is no fx guarantee or currency hedging done for investors. A higher projected ROI has been agreed upon with the project company to account for this.

Investors will appoint PT SMB, a sister company of Ethis, to enter into a Musharakah partnership with Wahyu Jaaya. The purpose of this Musharakah partnership is to allow Wahyu Jaaya to receive the necessary funding to complete the work order from the Ministry Of Education.

Wahyu Jaaya will issue the invoice to MoE after the order is completed. MoE  will make the payments to Wahyu Jaaya’s bank account to which Ethis will be given access.

Upon receiving the payment, Wahyu Jaaya will pay the investors their capital and profit (if any) and the Musharakah partnership will be dissolved.


This investment opportunity is based on a
first come first serve basis. Your investment is secured only after your transfer-proof has been received. A pledge is merely an interest to invest and does not guarantee you a slot in this investment.


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.


In the event of non-performance or default by the project owner, Ethis will initiate a recovery process and handle the initial administrative steps. Should there be a need to pursue further action, investors will need to agree to and bear any additional costs incurred.

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