September 29, 2015 edition
Crowdfundingfinancing a project or a business by raising money from the publicis a relatively new trend in Indonesia. According to Fajar Hutomo, Deputy Director of Access to Finance at the Creative Economy Agency, it has only become popular five years ago. But actually, Indonesia is familiar to koperasi (cooperatives), a collective system of funding. "That's the original Indonesian crowdfunding," said Fajar.
Crowdfunding is a project-based systemnot a long term financing institution. Nevertheless, its effectiveness has been proven through the use of local websites such as kitabisa.com or wujudkan.com, that have successfully financed various charities, startup businesses, as well as social entrepreneurship.
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More Outreach articles in other editions
September 22, 2015 edition
After taking his breakfast, Immanuel Variant Rumende was in a hurry to get to class at the Peduli Bangsa Tabuji Elementary School in Tabuji village in South Halmaheraabout half a kilometer from his home. Some schoolgirls clad in red and white uniforms approached him, shook his hand, and they walked off together.
"This morning I have to hurry because it's my turn to preside over the flag-raising ceremony," he told Tempo English two weeks ago.
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September 15, 2015 edition
Harry's Promising Drug
A Chemistry Professor From Medan Has Invented A Natural Drug Believed To Have The Potential To Cure Diabetes. It Is Still Waiting For A Distribution License From The Drug And Food Supervising Agency (bpom).
FEW would guess that Jumingan, a healthy-looking, 60-year-old living in Medan, North Sumatra, was in a coma just two years ago. "I had grown thinner and weaker. I had to crawl to the bathroom, as I found it very difficult to move my legs," Jumingan said. "Many people thought my life would be cut short."
Jumingan has diabetes, a condition that causes gangrene, or the death of body tissue. Despite a series of expensive medical treatments, Jumingan's condition showed little improvement. The gangrene, meanwhile, almost claimed his fingers.
A Chemistry Professor From Medan Has Invented A Natural Drug Believed To Have The Potential To Cure Diabetes. It Is Still Waiting For A Distribution License From The Drug And Food Supervising Agency (bpom).