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.

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…