What goes around...

...Sambungan

Masa pun berlalu, minggu berganti namun seorang yang lain itu belum dapat berita tentang pinjaman yang diharapkan. Setelah cukup satu bulan, dia pun pergi ke tempat pinjaman dengan keadaan yang agak marah lalu bertanya tentang pinjaman yang diharapkan.

Maka dijawab oleh ahli pemberi pinjam itu, kamu perlu menjadi ahli dan membawa sekurang-kurangnya empat orang yang mahu meminjam juga untuk menjadi ahli, dan syarat keahlian adalah RM 100 untuk menjadi ahli dan RM 100 saham minima.

Tapi bukankah saya telah memenuhi syarat itu? Jawab seorang yang lain itu.

Betul tuan telah membawa empat orang tetapi mereka tidak perlukan pinjaman kerana mereka tidak membawa empat orang yang hendak meminjam juga. Oleh kerana itu permohonan tuan masih belum boleh diproses. Untuk makluman juga, ini bukan seperti pinjaman yang lain. Ini lebih kepada bantuan kewangan kepada ahli yang perlu dibayar balik untuk diberi bantuan kepada orang lain pula. Kerana itu ia tidak ada faedah. Sambung ahli pemberi pinjam itu. Lalu seorang yang lain itu pun pulang dengan keazaman yang baru untuk berkongsi peluang mendapatkan bantuan kewangan tersebut dengan orang lain.

Kisah ini sepatutnya diberi perhatian kerana perlunya rasa ingin bantu membantu supaya dapat kita semua maju dan mencapai apa yang kita harapkan. Semakain ramai orang yang kita bantu, maka semakin besar kemungkinan untuk orang lain membantu kita. Kehidupan ini sangat adil, seperti kata pepatah Inggeris, "What goes around, comes around...!"

Wallahua'lam.

Too Many Things Happened...

It has been two and a half month, too many things happened and I didn't have enough time to really sit down and write. To some, it was a nightmare, to me, it was a sweet dreams. To date we already have 387 members.

The number is still far from what I need and I always pray that we will get the number soon, and soon we will have all our dreams come true.

Too many reasons why the number didn't grow as plan. Not many really believe in this dreams, may be, some back stabing, misunderstanding ect. But the biggest challenge was, I have lost the one that i trusted the most! She went away leaving me with my dreams, reaching out for her own dreams. All these made a set back. It was sad though but i was never left alone! to be continue...

Alhamdulillah, at last...

Alhamdulillah, at last, Majlis Agama Islam dan Adat Melayu Perak understood my idea. As I met Dato’ Sheikh at Dato’ Zamri’s house last Saturday night, he did mention to me that his people just understood my idea. So they will send at least 30 of their hemodialysis sponsored patient to us, to our hemodialysis centre. Formality will follow soon he said.

So, my baby, the Koperasi Kinta Utama Perak Berhad will have it first project running, the hemodialysis centre soon. Once the project running, there will be more hemodialysis patient will get a helping hand, especially those who have financial difficulty. There will be some profit but its more on charity.

As listed, we actually have a list of project to run.

1. Pusat hemodialysis kokita Batu Gajah
2. Library system sekolah-sekolah in Perak
3. Hotel kokita, Batu Gajah
4. Rest house kokita, Batu Gajah
5. kokita station (kokita hypermarket)
6. Fattening feeder cattle project for youth in Perak
7. Laman web sekolah-sekolah in Perak
8. 3 bangunan RT
9. Parking lot, hospitals
10. Mix development (housing etc.)

Out of the ten, only the number 5 needs at least 6,000 members. Else we still have 9 other project that will run without the 6,000 members. May be, after all the other 9 project running, then only I will get the 6,000 members. If that what it takes, so be it!

Alhamdulillah syukur, I get all the support that I need to make most of the project running except for number 5. All the other 9 are actually not involving many people. Most of it is actually direct negotiations. For the number 5, not many question asked but at the same time not many join. May be people like to wait and see. If only it’s moving, then only they join.

As I wrote before, koperasi strength is actually the number of its members. The bigger the number it has, the stronger it get. There are a lot of things that we can do if we have enough members. We can have our own way of financing, our own way of doing things and the best thing is, we can be more independent and self sustain.

The businesses that we will be in are, hypermarket - the daily basic needs, building and housing - a place to work and stay, car and motorcycle sales - the ride that we need, day care centre for children and the elder - a better place for our loved one and a place for a better investment. I need all the support that I can get to make our future better, and let us move together for the better! The journey continues…

Way of doing things...

Berlin wall fall, so did the New York World Trade Centre (WTC). We are actually very much in need of an alternative vehicle and way of doing things.

“On average, households living in urban areas spent 1.5 times more than households living in rural areas. Average consumer spending stands at RM 1,943.00 per month in the urban areas and RM 1,270.00 per month in the rural areas”. “Malaysians spend a high percentage of their household income on food, groceries and personal care items, ranking third out of the ten major economies in the Asia-Pacific region (excl. Japan). According to ACNielsen, Malaysians on average spent RM 505.00 per month on food and groceries, with just under half of that on fresh food like meat, fruits and vegetables”. (http://www.pwc.com/en_GX/gx/retail-consumer/pdf/malaysia.pdf)

So, we should start here, food, groceries and personal care. Though there are actually other basic needs that are also important, we will look into it one by one later. Whenever we talk about food, groceries and personal care, we actually talk about hypermarket. Everything is actually there. So that is why we need to start one, everyone need it, the only question is how to start.

We need you to start; we need 10,000 of you to start. As I am writing this, there are already 135 of us. As I wrote before, we need 10,000 of us to make the hypermarket to come true. We are actually short of 9,865 in number. I need all the help that I can to make this happen. I’m not Tun Mahathir who has millions of followers or a singer who have many fans, but I need all the help that I can get to make this hypermarket to come true. It is not just for me, it is actually for all of us! http://ko-kita.blogspot.com/

As quoted, “Malaysians on average spent RM 505.00 per month on food and groceries”. It is not a mistake that I choose Kinta as the place for us to start. The population age 15 and above is actually around 770,000. We only need 10,000 members to start everything. Surprisingly, that is only 1.29 % of the population in Kinta. Let us work together to make this happen.

With RM 505 average spent per month on food and groceries, 10,000 members will actually contribute RM 5,050,000.00 sales for our hypermarket. If the profit margin is only 2%, we can actually make RM 101,000.00 a month. In a year we will make RM 1,212,000.00. How much each one of us will get at the end of the year? RM 121.20!

RM 121.20 is actually not much but the ratio to the investment of RM 100.00 as the basic share of each of us, that is actually 121.20% return of investment! http://ko-kita.blogspot.com/

As I was having tea earlier tonight with my friend Salleh, he told me that he doesn’t have enough money for his work. He told me that there is actually a lot of work waiting and he missed most of it, just because he doesn’t have the money. Salleh is actually a typical Malay aged 46 doing construction and building maintenance work. Bla, bla, bla…, he was complaining. I carefully listened to him and most of the time I was smiling.

Wonder and annoyed, Salleh asked me why I was smiling. I asked him if he knows why he misses most of the job and he again replied, “No money!” I told him that actually money is not a real problem. The real problem is actually he doesn’t have the CIDB or PKK license and, in most cases, all the companies that offer him the job actually ask him for the license. When he fails to come up with one, the companies give the job to someone else.

“We the koperasi actually have the CIDB license, why don’t you use our license? After all, you are one of the members” I added. “If you don’t have the money, the koperasi can finance you. And when the payment comes, it will go to the koperasi’s account. The koperasi will charge you 10% of the total amount and take back the advance given to you and you take the profit, end of story” I said. He nodded most of the time and promised to work with me the next time he gets a project. http://ko-kita.blogspot.com/

Everyone have their own dreams. Each one of us will try our best not to share the profits with anyone else. But the fact is, we are not alone in this world and most of the time, we need others to help us to reach our goal and I need you to help us by becoming the koperasi member to make the hypermarket comes true. The journey continues…

Where we are going…

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/

Our Way…

Tun Mahathir used to say and sing, my way. I like to say, its our way. When I was younger, people used to say that ustaz will teach you the religious way and teacher will teach you the academic way, two different ways. Are there really two ways, or there are actually many ways? http://ko-kita.blogspot.com/

But, a long time ago, I learned that islam is actually a way of life. There is actually teaching in every aspect of life. The two basic principles are halal and haram - the do and don’t.

When the answer is suppose to be yes or no, may be is actually not applicable. Always go back to basic, basic needs. Food, clothes, shelter, rides, etc. some even put money as basic needs. Before we go further, halal and haram that I’m talking about here is in the eyes of a muslim.

Halal doesn’t need logo halal to be halal and haram doesn’t need a logo haram to be recognize. But the logo halal should actually help us to easily distinguish the two. Anyway guide line is clear. So, basically we can always use the very basic knowledge to differentiate the two. For example, anything to do with gambling is never halal. Riba is never halal. Some people have the wrong idea of halal and haram. Some thought that anything that is prepared by a muslim is halal. Is liquor prepared by a muslim halal?

The formula of halal and haram is actually as follow:

hl = halal, hr = haram

hl + hl = hl, hl + hr = hr, hr + hr = hr

When we talk about riba, the basic concept is, rice with rice, the different is riba, money with money, the different is riba. So, if we borrowed RM 10.00 and the repayment is RM 10.10, the RM 0.10 is riba. And some even have the idea that, if the profit margin, when it is too high, then we call it riba too. Anyway, as I said before, we just go back to basic.

On the other hand, sale and purchase is actually halal. But what about sale and purchase of stolen goods? Anyway, let us just focus on the transaction of halal things.

Say one buy a house at the price of RM 50,000.00. A bank finance the purchase, and the person end up paying RM 75,000.00 after 20 years. The difference of RM 25,000.00 is actually a riba.

Is there anyway that we can buy a house at interest free today? The answer is yes, buy it cash! http://ko-kita.blogspot.com/

We need a new vehicle...

Why hypermarket?

Once, we went to the nearest shop, then we went to the nearest mini market. In the mid 80’s, we started to go to the supermarket. In the new millennium, shopping at hypermarket becomes a phenomenon. People start to go to hypermarket as it is cheaper there most of the time. Even the groceries shop owners go to hypermarket. (http://ko-kita.blogspot.com/)

If we have 10 thousand members at any given place, say Kinta district in Perak and each member spend only RM 200.00 each month at our own hypermarket (KO-KITA Hypermarket), we already have RM 2 million sales a month. If the profit margin is 5% alone, we already have RM 100,000 profit a month. In a year, we already have RM 1.2 million in profit a year.

If the member have only RM 100.00 share each in the KO-KITA, 10,000 members will actually contribute RM 1 million in share for the business. Surprisingly, RM 1.2 million profits is actually a 120% return for the investment.

If only we have 10 branches in Perak, we would have profit of RM 12 million a year. And if we have 100 branches through out Malaysia, the profit will be RM 120 million a year. That is only based on hypermarket business alone. What about the construction and other businesses that we have?

Hemodialisis center is also one of our businesses. Each center will actually contribute roughly RM 10,000.00 every month. If we have 100 centers, it contributes another extra RM 1 million a year. We just go to the basic business that we create for KO-KITA. A few other business that we can create are multi level car park, library system for schools, websites for schools, budget hotels and rest houses, car and motorcycle sales and financing, houses and buildings contractors, houses and buildings sales and financing, day care centers for children and senior citizen, and we actually have a long list on how to make the money for KO-KITA. http://ko-kita.blogspot.com/

What do we need is for you to support us and become a member. Let us make the changes today for the benefit of our future generations.

Tun Mahathir once said he failed. He failed to change the people through politics, let us not fail again through economic revolution. Malay Dilemma by Tun Mahathir and Revolusi Mental by Tan Sri Senu Abdul Rahman are two books to be read so that we will understand more on our situation today. On implementation, both were done by the government. By Revolusi Mental, that’s how we get our education system today, and by Malay Dilemma, that’s how we get our economic today.

Today, we need a new vehicle. Those days we have rockets to travel to the moon, today we have space shuttles. Times change, people change and so does method and doing things. KO-KITA is the vehicle now, and let us ride together to reach the destination…

RM 200.00 is actually too much...

Back in the 70’s, I brought 20 sen to school. Today, some children even bring RM 20.00 to school. The different is only 40 years, and that is actually the value of ringgit today. If we have RM 200.00 today, not much that we can do, astro bill is already RM 100.00, electric bill is at least RM 50.00, phone bill will come up to another RM 50.00 and so on. In short, RM 200.00 is actually a small amount for an investment now a day.

But money is still money. Though some of us think that RM 200.00 is a small amount, to some of us, RM 200.00 is hard to earn. And today, it is actually very hard for one to save RM 200.00 monthly. Too many bills to settled, too many needs to be fulfilled and left us negative in our monthly account. Some have credit cards to back this shortage and some have monthly payments to settle to the banks. All these tie us up so that RM 200.00 is actually too much to be set aside as a saving.

What can RM 200.00 actually help you, the Malaysian and KO-KITA?

It will make you the member of KO-KITA and KO-KITA has one more new member. As I wrote before, KO-KITA needs at least 6,000 members in order to have its own hypermarket. KO-KITA needs the number soon as we need to be the first koperasi to make this hypermarket happen.

If, the KO-KITA hypermarket comes true, then…

As I wrote before, we try to make it as simple as possible, we can creat a loan or advance by the koperasi for the members to buy KO-KITA shares, and the best part is, we the koperasi will offer the facility to our member at interest free - advance RM 10,000.00 and the members only have to pay back RM 10,000 to the koperasi. Say if the loan is RM 10,000.00, divide by 5 years, it will come to RM 2,000.00 a year to be settled or RM 166.67 as monthly repayment. So, if the member has RM 10,000 shares, at the end of the year or before hari raya, he or she can shop up to RM 1,200.00 free of charge at the hypermarket as bonus and dividend - assuming 1% is set aside each month for this purpose.

As the first KO-KITA hypermarket come true, we will expand our membership and our operation through out Malaysia with the same concept. Then all Malaysian will get the benefit. We are our own brand and we shop at our own place. And the journey continues… http://ko-kita.blogspot.com/

I was born a muslim...

Alhamdulillah, i was born as a muslim. so did my children, my parents, my parents’ parents, my wife, my wife's parents, my wife's parents’ parents. and i always thought that I am muslim enough till one day i was hospitalized for Meningitis. there were two types of bacteria infected the meninges... and again Alhamdulillah, i survived though i was semiconscious for three weeks, three days on ventilator and lost weight for more than ten kilograms as I checked out. I have no memory neither of how i got to the hospital nor the whole time that I was warded. Alhamdulillah syukur… those were the only two things that I had lost, the weight and the one month memory. and the journey continues...