We are not going abroad yet, not even to the neighboring district, our operation is still in Kinta, a district in Perak state. We need to start the long journey some where so we start here in Kinta, Perak. And we need all the support in Kinta so that we can duplicate what we do here through out the country soon. http://ko-kita.blogspot.com/
What we are going to do first…
We are going to have our own hemodialisis centre in Batu Gajah. Our hemodialisis clients are sponsored by Majlis Agama Islam dan Adat Melayu Perak and an NGO named Pertubuhan Amal Kita, Kinta. We will start with 36 patients. Each patient will come to our centre at least 12 times a month. If each treatment contributes RM 50 net income, then we will have RM 21,600.00 (12 x 36 x RM 50.00) as net income for KO-KITA each month. In a year, KO-KITA will have at least RM 259,200.00 profit out of this project.
If we have only 1,000 members with the minimum share of RM 100 each, we will have a total of RM 100,000.00 in share. If we are paying out 20% bonus and dividend in the next financial year, we will actually paying only RM 20,000.00 out of the RM 259,200.00 profit. In short, if we plan to pay out RM 200,000.00 as bonus and dividend, we need at least 10,000 members!
We actually need that 10,000 member to get the hypermarket license. If the hypermarket comes true, with the member of 10,000, and each member spend RM 200.00 a month for their groceries alone at the hypermarket, we already have RM 2,000,000.00 sales a month. If we only have 3% to set aside monthly for the bonus and dividend, at the end of the year, we will have another RM 720,000.00 (RM 60,000.00 monthly) to pay out as bonus and dividend.
With the CIDB license that we have, we actually can build houses and buildings for our own members. Say for the first project, we build a hundred houses and cost of development per house is RM 100,000.00. We sell the houses to members at the price of RM 160,000.00 each. We will actually have a profit of RM 60,000.00 per house. For the whole 100 houses, we will actually get the profit of RM 6,000,000.00 in the next financial year. If we decided to pay out half as bonus and dividend, we actually have another RM 3,000,000.00 to give out to the members in the next financial year.
If we can finance the purchase of the house ourselves, say an installment for 20 years. Each member will only have to pay RM 666.67 monthly for a house worth RM 160,000.00. And at the end of the day, the member will own a house at interest free. Then, we will have our way of doing things, the Islamic way. The journey continues… http://ko-kita.blogspot.com/