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MakeStudent Loan Happen
Volunter to
THERE'S NO EXCUSENOT TO DO WHAT
MAKES YOU HAPPY.
CONTRIBUTE THROUGHACTION!
Hi,We're from danadidik
Dipo Ramli Januar Sudharsono
Because we had issues with
Education Funding
Every semester, I am worried
whether or not I can continue
school.
My (late) mother didn't
pay her tuition for
years
My wife couldn't get a
loan when she was in
college. Although she
was Doctor specialist
candidate
so we built...
Student Loan through crowdlending
Crowdlending is a marketplace for (i) students who want to borrowand (ii) lender that wants to lend
Given outloans
We operated...
Received loanrepayments&
Sotware development started in
Jun 2015, launched Nov 2015 for
borrowers, and Mar 2016 for
lenders
with excitement
We built ourbeloved DANAdidik
(maybe too much)
cause apparantely wewere wrong
REALLYWRONG
and also
FUNDERWEREN'T INTERESTED
Even though, there was lots of applicants(students) c. 2,500 in c. 4 months
Financially, since students do not have anyincome, students have such big risk. High risk
= high interest
DANAdidik product at the time....
BORROWINGRATE %TOO EXPENSIVE
our good intention became...
we had the wrong mindset - the key is at...
Source of FundSource of Capital Cost of Fund
DANAdidik's source of fund does notcome from banking or deposits or anyother common source.
We should have not followed the oldway of doing things.
DANAdidik lending rate is not related tothe country's interest rate, economy,market price, personal risk, etc.
Actually, we can even be much better than banking
LendingRate %cheap
RiskManagementmodern
note: danadidik will not use debtcollector
BETTERMUCH MUCH
0.5%Return to sponsor
0.5%Service fee to
& for every IDR 1mn, sponsor will payarranging fee of IDR 50k (5%) to PTPasar Dana Teknologi
APR = 12.0%
Not including saving (simpanan pokok &simpanan wajib) when lender and borrowerbecomes member of Financial Cooperative
Financial Cooperative takes revenue fromprovision 2.5%. Financial Cooperative is
owned by members
PT Pasar Dana Teknologi(funder)
1%RATE DECIDED BY "THE PEOPLE"
- FUND OWNER
Lender rate
As part of due dilligence, students must payregistration fee of IDR 55k
Service fee is fixed at 0.5% - not percentagefrom lending rate
Lender can continously re-
invest its fund to help more
and more people
Borrower will learn
responsibility
with affordable borrowing rate...
WE KNOW OURWAY THERE
WE CAN'T DOIT ALONE
but
VERSION 1.0 VERSION 2.0
Do-It-Yourself Open Source
TraditionalSource of Fund
ConventionalInterest rate %
< 5 peopleTeam
People who careSource of Fund
Decided by"The People"
Interest rate %
+ Volunteer's skillTeam
Democratization of Financial Institution
PT Pasar DanaTeknologi
Financial Cooperative tosettle transactions.
Borrowers and Lenders willbecome member of
cooperative
Volunteers to make ithappen
OPENSOURCEall side
Not only technology and IT
INTERESTED?
SKILLCONTRIBUTION
We are looking for
Legal
Market Research
Marketing
Design
IT & Technology
Contribute through ActionContribute by helping us complete tasks
Legal(to do list)
Loan aggrementLegal opinion regarding e-signatorLender contract when joining Financial Cooperative
Market research(to do list)
Market data target borrowerMarket data total donation in IndonesiaData tuition cost Indonesia, etc
Marketing(forum based)
Increase volunter, students and lendersFree flow - social media, print ads, etc
Design(Guideline mock up & userstories diberikan)
FrontendLogoVideo, etc
IT & Technology Open source github or Copyleft (tbc)
weneed..
using latest technology to communicate
Auto reply from email
No notifications from other groups
Contribute through action. Do it and get done :)
Live survey - so we can monitor live feedback all the time
http://bit.do/jadikanpinjamanpendidikan
All communication and update will be provided in facebook
Jadikan Pinjaman Pendidikan
“making student loan a
reality is the same as
opening doors for others
to a better life"
Sandra Devi,
VP of Student Management
DANAdidik
Thanks for reading
Student Loan can only happen if all of us want to be involved
