To provide funds to the project developer for the construction of 30 affordable and subsidized housing in Sumedang, Indonesia.
- Projected Return
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PT Ingria Pratama Capital (the company) has secured 1,82Ha of land located in the rapidly developing city of Sumedang, Indonesia, 60 minutes drive from the touristic city of Bandung.
PT Ingria Pratama Capital Indo has engaged PT Ethis as a co-developer in constructing a much-needed subsidized housing project. PT Ethis seeks $90,000 from EthisCrowd to co-fund the construction of 30 units out of which the company has already received the downpayment for 20 units, and are continuing to process the payments of ready buyers.
PT Ingria Pratama Capital Indo has processed all the necessary legal documents and has started the initial stage of development. The company needs the amount for the cost of constructing the units for their standby buyers who have already paid the down payment for their units.