Short Story

To provide funds to the project developer for the construction of 225 affordable and subsidized housing units in Kampung Islami project in Jakarta, Indonesia.

Kampung Islami (1)

Jakarta, Indonesia
Pledge :
100.00%
Raised :
100.00%
    "Retail investors: Base ROI Silver investors: 1% higher ROI Gold & Platinum investors: Exclusive ROI"
  • Projected Return

    8.3%

  • Duration

    12 months

  • Goal

    SGD $215,000.00

  • Raised

    SGD $215,000.00

  • Time Remaining

    0 day(s) to go

This campaign is fully funded.

About the campaign creator

×
Yousuf (Test Trans) Sultan
Jakarta, Indonesia
38 Campaigns | 0 Loved campaigns

Contact Info

Social Link

PT ALP has been developing Kampung Islami Thoyibah (KIT) since early 2015. EthisCrowd’s 1st campaign was a closed private deal in June 2015, a small investment of S$40,000 for infrastructure.

PT ALP’s performance and concept impressed PT Ethis, which then became a development partner in the project. With the involvement of PT Ethis providing greater security, EthisCrowd successfully crowdfunded more than S$850,000 in this project. 39 EthisCrowd members invested over 3 campaigns – making it one of our best-supported projects ever.
The first campaign in July 2015 is already partially paid-out and the 2nd campaign is already being processed for upcoming payouts. EthisCrowd will be providing PT Ethis funding for the construction of 20 more houses, over a 4-month period. Each house costs S$7,087 to be constructed.

It is our belief that by giving these families the ability to own their own home instead of renting it, they will have a higher chance to break out of the poverty cycle.