Grovvit (Lending platform to free micro enterprise from loan sharks)

Your title/position Chief Executive Officer
Type of Enterprise other
Year the ngo or company was founded 2017
This bar shows in a scale of 0-10 the Factor of an idea and his owner PROPORTIONAL TO ALL OTHER IDEAS AND OWNERS - 10 is the best, 0 is the worst value. The blue bar changes constantly due to the votes, comments, ratings and activities on this and other ideas.
1 10

Explain your project in details:

The large number of SMEs in Indonesia, which reached 55.5 million, became an easy target for loan sharks to lend money to them. With a large interest rate but does not require the collateral made SMEs lured to borrow to the loan sharks. With this system, there are many villagers in Indonesia who have debt to the moneylenders from generation to generation. Grovvit offers a special Peer to Peer Lending system to help SMEs grow their business by connecting them with investors. We use a group lending system where in one group we will provide training to grow their business and invite them to help each other in the same lending group. In addition, the lending system that we use also uses a clear contract according to the Islamic Shari'a to support the investment needs of the largest market in Indonesia which 85% of the population is Muslim.

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Impact of your enterprise on sustainable development

Grovvit provides assistance to SME in Indonesia, especially to micro SME that have number 55 million people in Indonesia. Grovvit provides assistance to funding from individual Investors through peer to peer lending system and provide guidance to SME to make their business better. Indicators success of our goals are: -Number of investments channeled in our peer to peer lending system -The number of SME assisted in lending -Number of SME built into our group lending system and can growth their business

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Sustainability and future plans

Grovvit is a peer to peer lending syariah that focuses on helping micro SMEs in Indonesia out of bondage to moneylenders. We provide assistance through a funding and lending group system to SMEs so that their business becomes better and feasible to be invested by Investors. Just like other peer to peer lending systems, we will take the money through a profit cut from the return on investment that has been successful. Since we are using the sharia system, we as a service provider will also participate in discussions with lenders and borrowers about our benchmark of service prices. We will only accept services if the investment is successful and gain profit, if the investment loss then we will not get management fee. In addition, we will also charge fees in the registration of group lending. This fee as a membership fee to the registered SMEs and will be actively guided by us. In this case, if you really need help in marketing and selling goods from SMEs, we will also help but only as a dealer. But being a distributor is not the core of our business at the moment, but we can focus on it when our business starts to grow. To reach micro SMEs, we do have to educate many things on this peer to peer lending technology issue. But with a group lending system, we will look for volunteers who can foster and help SMEs input their data online, to be visible to transparent in business management to lending investors. On the other hand, our investors will be educated through peer to peer lending, especially the security issues we offer. From the results of research, the population of Indonesia is less than 1% already invested through peer to peer lending. Through Grovvit, we will further educate about this and offer

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Your profile as an entrepreneur

Hafiz was born in Padang, 25 February 1996. He is active in social activities, art, and entrepreneurship. Born from merchant family, Hafiz had been raised with entrepreneurial thinking from an early age. His parents have taught how the value of something can be enhanced by a diligent and enterprising effort. Hafiz is currently studying at Bandung Institute of Technology, majoring in Mechanical Engineering. In addition to academic activities, Hafiz is also active in student-centered and active in units of entrepreneurial activities in the campus of ITB. Currently Hafiz is mandate to establish an entrepreneurship activity with an institution in ITB. Hafiz himself actively participate in activities that have things of art, social, and leadership. While still in high school Hafiz once represented West Sumatra in FLS2N competition National level poetry branch. Hafiz has also been an Indonesian delegation to exchange students to Japan in the Jenesys program. In addition, Hafiz was also selected as one of the youth selected in the training of Young Economic Leadership Program held by Bank Indonesia. Recently, Hafiz was crowned as the ambassador of Community Empowerment in Raising Inclusivity and Trust of Bandung held by Habibie Center.

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Comments

September 1, 2017 04:50

Dear Resiliant Entrepreneur,

It's the end of the competition, I want to urge you to not leave this community without the contact (email especially) of as many other entrepreneurs on this platform. You never can tell what your further conversations may produce.

It's the power of networking and leverage I'm talking about...
Here's my email [email protected] looking forward to hearing from you.

Regards
Seth

August 31, 2017 23:56

Bye fellow entrepreneur:
As I say good buy, I must say it has been an astounding time reading so many great entries.
I went through the details of your idea and was indeed very impressed. Would you be kind enough to please explain to me as how you got this idea? Equally importantly, who were (are) the people who inspired you for you to come up with this idea.
Take care and all the very best!
Shuhra

August 31, 2017 22:31

Hello fellow passenger,

You might have heard the famous song "What I've done" by Linkin park. The lyrics have been beautifully carved by the late singer Chester Bennington. The song covers the ways in which our so called development has helped only a handful of the upper society members, whereas people are still living in poverty.

We have a great platform here which is urging super brains from around the world to come together and collaborate with their ideas and help make this world a better place to live in. You have been a part of this community and I congratulate you on your effort that you have put in.

Thanks once again and all the best for the future
Regards,
Team GreenSpace

August 31, 2017 22:08

Hello my fellow traveler, How are you feeling as our road ends temporarily?
I have just seen your entry and have been thoroughly impressed by it. Will you be willing to collaborate incase you want to set it up on ground?
I would like to be in touch with you,
Cheers from Kabul.
Shuhra

August 31, 2017 21:00

Comrades,
In this fight for a sustainable future, what we need is innovation; something which is not necessarily new, but which makes us look at things from a different angle.

I believe this is one of the major motives of this community which we are a part of. Taking one step together hand in hand towards our goal is the only way we can achieve it.

So I wish you the very best in this endeavour of yours and hope to see you together in the new tomorrow

Regards,
Team GreenSpace

August 31, 2017 19:12

Hello campus members,

Being a part of India's well-known Entrepreneurship Cell of the most prestigious engineering college in India, I have interacted with many startup enthusiasts, have got to know how they think and what are some qualities that set them apart from the ones who are not able to see their idea through. Reading through your idea, I have realized that your idea has that spark which can help it become a successful venture. Coupled with its aim to help the society achieve its goals sustainably, your idea can be something quite helpful for the same.

But before it's implementation, you need to do a "premortem" check on how it can fail. This would prepare you for any uncalled-for circumstances and help you prepare for them accordingly.

Lastly, I would like you to have a look at our idea, GreenSpace, and share your views about the same.

Regards,
For Team GreenSpace.

August 31, 2017 19:03

Yes, it was a wonderful journey !
a. Reading them gives me good bumps. Will you be able to give me some more details about your proposal?
b. Also, please go through my IDEA called EDU-CELL and if you like it, please vote.
c. This is what I could think when I saw your proposal. Truly inspirational and positive initiative from your side that is sending ripples amongst my friends and relatives. If you think it will be applicable in Afghanistan, please send me the details.
Thank You !
Truly, Shuhra K, Afghanistan

August 31, 2017 18:16

I SEND MY THANK YOU FROM KABUL!
WHAT A JOURNEY AND WHAT A PROPOSALTHE SIMPLICITY OF YOUR IDEA WAS JUST TOO GOOD. WHAT ABOUT YOU? HAVE YOU BEEN ABLE TO SEE MY PROPOSAL? IT IS CALLED EDU-CELL TO HELP THE SCHOOL EDUCATION IN AFGHANISTAN. INTERESTED? CLICK AND DOUBLE CLICK!!
SIGNIING OFF, SHUHRA

August 31, 2017 17:45

Thank You my dear!
Three thoughts come to my mind as we end:
(a) Will we be in touch?
(b) It is a small and beautiful world
(c) All the best
Bye for now!
S. Koofi, Kabul

August 31, 2017 17:07

THANK YOU!
THANK YOU FOR READING MY PROPOSAL. I HAVE READ AND EVALUATED YOUR INITIATIVE AND I CANNOT BUT HELP GIVING IT MY HIGHEST COMPLIMENTS. HOW DID YOU MANAGE TO THINK OF SUCH A WONDERFUL IDEA, I WONDER?
ONCE GAIN A BIG THANK YOU FROM MY SIDE.
SK

August 31, 2017 03:38

Hello,

This entrepreneurship-campus platform has been amazing it has enabled us to see all the enthusiasts and to share our passion and experiences to learn from each other. Good luck with your work and wishing you all the success on your journey. Please try to keep in touch; this is important to me as I find this inspirational.

I appreciate all your votes, valuable feedback, advice, and suggestions. For me it has helped me to improve my ideas and also helps me to win and learn from the ideas that you have given me.

Best of Luck! And keep it up

Kindest regards

August 31, 2017 00:42

What a proposal! I am truly amazed.
So many good thoughts including yours. Reading them gives me good bumps. Will you be able to give me some more details about your proposal? And on a different note, wont it be great if you have a quick glance at my IDEA called EDU CELL.
Take care!
Shuhra (Kabul) !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

August 30, 2017 21:40

Hiii!!!!!!!
As we are in to the last day of the competition, I am taking this opportunity to thank you for your valuable comments, votes and suggestions. Your project is very much interesting and helpful and I wish you would be there in the finals. I am concluding by this words-
"Often the difference between a successful person and a failure is not one has better abilities or ideas, but the courage that one has to bet on ones ideas, to take a calculated risk and to act".
I am wishing you to be a successful person.

REGARDS
AJITH MATHEW
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

August 30, 2017 21:30

Hello fellow traveler!
I must say that I found your idea truly inspiring. I would like to know more about it? Do you think you can give me more details about your proposal so I can understand it more and give ffedbakc as well as evaluate if it can be done in my country?
I would also like to request you to please my IDEA called EDU-CELL. DO you think it is relevant in your country. If yes, let me know. I can even help in establishing it in your place during the course of this year!
Have a great day
SHUHRA

August 30, 2017 20:53

Hello my friend,
May I entreat you to read my entry EDU CELL. I have read your and must say it is fantastic. How did you come up with the idea, I wonder? Who helped you?
Bye for now,
Shuhra.

August 30, 2017 20:11

What a proposal! I am truly amazed.
So many good thoughts including yours. Reading them gives me good bumps. Will you be able to give me some more details about your proposal? And on a different note, wont it be great if you have a quick glance at my IDEA called EDU CELL.
Take care!
Shuhra (Kabul)

August 30, 2017 19:08

Hello my fellow traveler, How are you?
I have just seen your entry and have been thoroughly impressed by it. Do you think you can also see my entry and give me some constructive criticism / feedback so that I am able to improve on the idea even further?
I will be ever so grateful,
Cheers.
Shuhra

August 30, 2017 14:56

Dear Fellow participant,

You have done well thus far. Only few people will venture relentlessly into the things in which their instincts proposes because sometimes the goal appears too crazy to achieve, so they just retreat.

Actually, someone has said that "The people who are crazy enough to think they can change the world, are the ones who do."

You may have seen this before but I want to remind you that it's true, only those who are "crazy enough" eventually get results.

Congratulations for been "crazy enough" (seeing beyond normal and following your dreams despite the odds)...

Best wishes,
Seth

Also,

Remember it's not over until it's over.
It may be just a few days to the end of the competition but it's not the end of your dreams
There's still a lot you can achieve.
Stay focused.

Regards

August 29, 2017 16:11

Hello everyone,

Now we are reaching the end of the competition. I want to thank everyone who have been voting and commenting on my ideas and interest in helping support GU.

As all of you said, a visual universal language is needed for this continuously developing society. I am trying my best to launch my Gadaa Universe with the help of you and your constructive comments. We will do whatever it takes to exceed your expectations.

Best of Luck! And keep it up

Kind regards

August 28, 2017 21:32

Congratulations!!!!!!!
Without change there is no innovation, creativity, or incentive for improvement. Those who initiate change will have a better opportunity to manage the change that is inevitable. So change this world with your idea.
Wishing you all the success and hope you will be there in the finals.

BEST OF LUCK

AJITH MATHEW

August 28, 2017 20:17

Hello,
Being a part of India's well-known Entrepreneurship Cell of the most prestigious engineering college in India, I have interacted with many startup enthusiasts, have got to know how they think and what are some qualities that set them apart from the ones who are not able to see their idea through. Reading through your idea, I have realised that your idea has that spark which can help it become a successful venture. Coupled with its aim to help the society achieve its goals sustainably, your idea can be something quite helpful for the same.

But before it's implementation, you need to do a "premortem" check on how it can fail. This would prepare you for any uncalled-for circumstances and help you prepare for them accordingly.

Lastly, I would like you to have a look at our idea, GreenSpace, and share your views about the same.

Regards,
Team GreenSpace.

August 28, 2017 16:08

Greetings my Colleague ,

Thank you for participating in that great event , it was a great nice Journey , but the best thing of it is meeting good friends like you , I hope every one of you achieve his dreams.
thanks again & best wishes for you.

Ahmed

August 28, 2017 12:12

Hello My Friend!

Thank you for being here all this while. Your dreams are valid and your project is very viable. Keep thriving and best will keep coming your way.

Best of Luck.

August 27, 2017 17:49

Hello dear members of the entrepreneurship community,

I hope you will join us too and learn the GU universal communication system and the Gadaa system practices when the platform and the system implementations are complete and fully ready for use. This work is still under development. I will let you know once it is finished.

Please keep your constructive comments. Your feedback is important! Many thanks to all contributors!

Thank you for supporting GU project. We will notify you as soon as the platform is live.

Best of Luck!

August 26, 2017 21:13

Dear Champion,

It takes just one idea/project to transform the world. As you keep working hard towards your dreams and to add your quota in the improvement of the world, I wish you the best of luck.

Remain Lifted!

August 26, 2017 20:52

Hello,

To all the people who are asking how to join once the GU platform goes live, all you need to do is to create a free account. Please keep an eye out on the website and my social media pages at: http://gadaauniverse.com/

Kind regards

August 26, 2017 18:02

Hello Great Mind!

Thank you for your support to AfricEnergy so far. I appreciate your kind words, positive remarks and contribution on my idea. As you continue to progress in your quest for the improvement of the World, I wish you success and breakthrough.

Best of luck!

August 26, 2017 01:03

Dear Hafiz,

The TRUTH is, your community will not just benefit from such an amazing initiative of yours but that you will forever be remembered for this great change and transformation you'll cause.

Keep up the spirit because it's adorable.
Your kind is scarce, so hard to find around, you're indeed a great leader!
Wish you all the best world changer.

Kindest regards
Thomas Seth
CISTEM

August 25, 2017 05:34

Dear community member,

As the competition deadline is approaching near, we would like some feedback regarding our idea, some ways by which we can tweak it and make it a little better and ready for future execution.
(follow this link https://www.entrepreneurship-campus.org/ideas/12/5961/comments)

Please vote and support our idea.

Thank you in advance.
Team GreenSpace

August 23, 2017 18:32

Hi,
After going through your project, I firmly believe that with good management and excellent execution, this project will help the society grow in a sustainable manner. This would have various positive effects on the environment and also the society in general.

I wish you the best for the same.

I would really appreciate if you could go through my idea as well(follow this link https://www.entrepreneurship-campus.org Our idea deals with covering an otherwise unused rooftop of a building with green plants and using that space for a multitude of activities.

Thank you
Team GreenSpace

August 23, 2017 11:06

Hi Hafiz,
Your project is very much appreciable. People like you are a blessing to the modern world because you are utilizing your skill to help the common people. Keep this spirit throughout your life. The will to do varitiies in life opens up the door of opportunities. So keep this positive attitude always .
I wish you all the success for this competition and also please vote and comment on my project AUTOMATIC COCOA BEAN SEPARATING MACHINE.

August 23, 2017 09:01

An Awesome Day to You, Dear Campus Colleague,

Cheeking through your Project and seeing it progress in this competition leaves me motivated and inspired that with us, our planet will become better and flourish in goodness and development desired by every human being with dreams and aspirations. To keep you moving and staying on in face of challenges as growing Entrepreneurs, it is my pleasure to share this link with you, "7 MOVIES Every Entrepreneur Should Watch", copy and paste this link to view; youtube.com/watch?v=s3x-_yRRUrk

All the best to you in you Idea!

Cheers
Anita Mbah.

August 22, 2017 23:29

Hi
You have shown great efforts on this project and I believe you will make more good progress to its full extension.
Never give up.
https://www.entrepreneurship-campus.org/ideas/12/5816/

August 22, 2017 22:30

You may enjoy this article on "How to Segment a Market" for your project/business: copy ad paste this address into your browser: wikihow.com/Segment-a-Market

Best of Luck!

August 22, 2017 21:26

Greetings, Dear Entrepreneurial Colleague

We are few steps to the announcement day. I want to use this medium to appreciate your effort, progress so far and support to my idea. Never relent, keep pushing and I wish you success, all the way.

You may enjoy this article on "How to Segment a Market" for your project/business: http://www.wikihow.com/Segment-a-Market

Best of Luck!

August 21, 2017 10:42

Thank you Great Mind

Having you around is very encouraging and wonderful. I wish you success on your journey and you should always expect the best coming your way.

You may like to see my idea, AfricEnergy, for comments and support.

Cheers.

August 21, 2017 07:09

Hafiz heriyuda
Grovvit
"Lending platform to free micro enterprise from loan sharks"
I found your project interesting to read and life changing.
I invite you to please read my idea" Edu-Cell" and give some suggestions on my idea if any
Community effort is always welcome.
Thanks for reading my request!
Thanks in advance for putting the effort in answering.
If you like it Please also VOTE.
Keep up the good work.
SK

August 20, 2017 15:04

Hello,

I invite you kindly to please read and give some suggestions or comment my idea GadaaUniverse[GU]-Gadaa Universal Communication System and GU-Fair.

Thanks in advance for your vote and comment. I really appreciate your contribution and would be glad to hear your advice and opinion.

Good luck with your project!

Kind regards,

Firanbek Robele

August 20, 2017 06:34

Hii,

your project is a very impressive and it will surely be beneficial for all the people..
It looks promising.
Congratulations for all your efforts that you have put into your project.
Good luck
Regards

August 20, 2017 06:34

Hii,

your project is a very impressive and it will surely be beneficial for all the people..
It looks promising.
Congratulations for all your efforts that you have put into your project.
Good luck
Regards

August 19, 2017 17:14

Dear Hafiz
You have shown strong effort towards poverty alleviation through your project. I like this life changing project of yours. Congulatulation for the efforts and good progress you have just shown
All the best

August 19, 2017 14:20

Hello,
I invite you kindly to comment my idea Path To Knowledge. I would be glad to hear your advice. I have written this message after I commented almost all ideas and projects and probably yours too. I am deeply sorry if this message bothered you, but everyone on this platform wants to go to the finals with his/her idea and makes all it is possible to get there. Maybe not all the actions are fair. Some participants copy the same meaningless message and paste it to all ideas. I just do marketing. Again, I am sorry if this message disturbed you.
Kindest regards,
Andrei

August 19, 2017 04:04

Hello!

Your project is quite interesting and impressive, as it tends to improve the economy of the nations, making funds to be accessible.
Congratulations for your efforts.

I wish you success and you may stop by on my idea to add your contribution.

Best of luck!

August 18, 2017 06:04

Hello,

This is a very impressive idea and it will surely be beneficial for all the young minds looking for an opportunity.
It looks promising and executable
Congratulations for all your efforts and for your project.

Good luck
Regards

Shuhra Koofi.

August 13, 2017 00:30

Hi hafiz,
This is a great idea and has the potential to strength the SMEs ecosystem.

By the way can you explain what is peer to peer model you are talking about, it is different from what is known as business to business (B2B)?, you have also indicated that your project will make special offer to SMEs, what is this special offer (i didn't get it correctly). Somewhere you have indicated that you will use volunteers? as business i would suggest you plan to us paid labour, i guess that is one of the benefits the communities in indonesia can benefit from your project. I'm also interested to hear more about the sharia law? what does it say and how is it connected to your business model.

Awesome idea and looking forward to learn more about it.

August 12, 2017 23:25

Hi
It js good for Indonesia to have people like you.I would like to wish you good luck on helping the needy.these loan sharks are really affecting our economy as they don't even pay tax.please make sure you help these trying entrepreneurs.I would only like to know who will fund all your activities and how you are going to keep it running continuously. Best wishes

August 12, 2017 13:31

This project is really good and I am glad that in Indonesia is such a large number of SMEs. And if the problem is that big like how you presented it, your project fits best with the actual needs of the entrepreneurship environment. I wish you good fortune for the future!
Regards,
Andrei

August 11, 2017 05:49

Great Project. I want to invite you to vote for my project and comment if you want it.
Thanks and good luck

https://www.entrepreneurship-campus.org/ideas/14/7257/

August 11, 2017 05:49

Great Project. I want to invite you to vote for my project and comment if you want it.
Thanks and good luck

https://www.entrepreneurship-campus.org/ideas/14/7257/

June 9, 2017 09:02

Hello Coass,

I am glad to find other Indonesian Participant here :) Yeah, lets make the world a better place. We are starting Grovvit about since 2 months ago. We have already do validation to some SME and ask goverment about this project also and they all supported this project. From this process, we know that in Indonesia there are still a lot of SME that didn't know how to grow their business and do business correctly. Like in Banyumas, there are Emping Factory that running by the villagers, but they can't sell the product and can not push all the potential of the commodity. So we want to help all this people to grow their business and make improvement to Indonesia economy.
We are 4 person right now, but we want to develope our business bigger in a while. Today we have member that focused on marketing, operational, investment, and development of the technology.

June 8, 2017 20:09

Hi Grovvit team,

We are from Indonesia, so let's change the world with our contributions :)
I think it's very nice project. I agree with your steps to help SMEs grow their business by connecting them with investors. When you start this project actually? And do you have did some validations to prove this project will be used by SMEs? Or maybe do you have MVP for this project? And how many members do you have to do this project, and from what background?

Thank you, good luck!