Water.org’s Post

𝗘𝗰𝗼𝗻𝗼𝗺𝗶𝗰 𝗯𝘆𝘁𝗲𝘀 - 𝗦𝗵𝗮𝗱𝗼𝘄 𝗘𝗻𝘁𝗿𝗲𝗽𝗿𝗲𝗻𝗲𝘂𝗿𝘀𝗵𝗶𝗽 Indonesia with a population of 27.9 crore is home to the 𝗹𝗮𝗿𝗴𝗲𝘀𝘁 𝘀𝗵𝗮𝗱𝗼𝘄 𝗲𝗻𝘁𝗿𝗲𝗽𝗿𝗲𝗻𝗲𝘂𝗿𝘀 in the world. Shadow entrepreneurs are those businesses that are unregistered but sell legitimate goods and services. These types of businesses often don't pay taxes falling outside the ambit of economic metric computations. Street foods, household helpers, and technicians, vehicle workshops are some of the classical examples of shadow entrepreneurship that play a significant role both in terms of the livelihood of the people and in the country's economy. 𝗜𝗻𝗱𝗶𝗮 𝗵𝗮𝘀 𝘁𝗵𝗲 𝘀𝗲𝗰𝗼𝗻𝗱 𝗹𝗮𝗿𝗴𝗲𝘀𝘁 𝘀𝗵𝗮𝗱𝗼𝘄 𝗲𝗻𝘁𝗿𝗲𝗽𝗿𝗲𝗻𝗲𝘂𝗿𝘀 𝗶𝗻 𝘁𝗵𝗲 𝘄𝗼𝗿𝗹𝗱. #learneconomics #economy #countryGDP #economicbytes #linkedinnews #linkedinconnections #linkedinindianews

Today, we are thrilled to share the inspiring success of Mekaar 🚀 This initiative, born in 2015 under PT Mitra Utama Madani (PNM Group), transcends loans to empower Indonesian women to dream beyond boundaries. Built on community strength, Mekaar's triumph in the group-lending model propels women toward financial stability, resilience, and rediscovered confidence. It's not just about loans; it's about transforming lives and shaping destinies. The collaboration with BRI under the auspices of the Ultra-Micro Holding in 2021 marked a transformative phase. Mekaar's efficiency soared, reaching nearly 15 million customers within two years, illuminating a path to prosperity for communities. Embracing BRI's digital resources, Mekaar is ushering in a cashless ecosystem, opening 10 million new savings accounts in two years. Digitalization isn't just a trend; it's a tool for economic resilience and future growth.🌟 ➡ Read more about Mekaar in this article: https://lnkd.in/eXBXYPxV #GrowingTogether #FinancialInclusion #EmpowerIndonesia

Rural commerce platforms in Indonesia are empowering communities & businesses by connecting them to wider markets & fostering sustainable development. Read more in this article by Natasha Jessica Mangowal, Communication Lead at Dagangan: https://lnkd.in/giFsBFJC #e27community #ruraldevelopment #indonesia #ecommerce

Cooperatives in Malaysia: A Pillar of Economic Growth Did you know that cooperatives are a major contributor to Malaysia’s economy? With 14,417 cooperatives and over 6 million members, these organizations generate an impressive annual turnover of US$5.95 billion (RM 24.65 billion) and hold assets worth US$34.70 billion (RM 143.7 billion) as of June 2019. The cooperative movement in Malaysia dates back to 1907, introduced by the British to combat rural indebtedness. Today, the movement is stronger than ever, with ANGKASA (Angkatan Koperasi Kebangsaan Malaysia Berhad) at the helm, representing Malaysian cooperatives both nationally and internationally. Cooperatives are active across diverse sectors: • Consumer: 5,429 cooperatives • Services: 3,805 cooperatives • Agriculture: 3,183 cooperatives • Credit: 578 cooperatives • Transportation: 490 cooperatives • Industrial: 362 cooperatives • Housing: 309 cooperatives • Construction: 259 cooperatives • Banking: 2 cooperatives Women’s cooperatives also make significant contributions, with 249 cooperatives comprising 18,981 members. Malaysia’s cooperative landscape is bolstered by robust regulatory frameworks and strategic policies. The National Cooperative Policies have been instrumental in ensuring the growth and sustainability of cooperatives. ANGKASA’s initiatives, like the ‘100 Product Champion’ program, promote cooperative products in domestic and ASEAN markets. The Cooperative Institute of Malaysia (CIM) plays a crucial role in enhancing the professionalism and management skills of cooperative members through extensive training programs. Internationally, Malaysia’s cooperatives have made their mark through active participation in the International Cooperative Alliance Asia and Pacific (ICA-AP) and the ASEAN Co-operative Organization (ACO). Cooperatives embody the values of self-help, democracy, equality, and solidarity, making them essential to Malaysia’s socio-economic fabric. #Cooperatives #MalaysiaEconomy #ANGKASA #EconomicGrowth #SustainableDevelopment A.Rahim A.Rahman

Come along as I share my experiences exploring development studies, starting with this topic related to the cooperative condition in Indonesia. #DevelopmentStudies #Cooperative #SocialPolicy #Critics #Arguments

"That was a clear signal that the Indonesian middle class is now ready to have a voice in politics, which is a powerful moment and should serve as a lesson for other countries. The first priority is basic needs—nutrition, housing, and even clean air. Second is education, the foundation of any society. And third, we need inclusive economic policies that make things more equitable for small and medium-sized businesses, including micro-businesses." - Gita Sjahrir, Head of Investment at BNI Ventures Watch, listen or read the full insight at https://lnkd.in/gvdRkGVx Nonton, dengar atau baca wawasan lengkapnya di https://lnkd.in/gHMvus3J 观看、收听或阅读全文，请访问 https://lnkd.in/g_UFcshz Xem, nghe hoặc đọc toàn bộ thông tin chi tiết tại https://lnkd.in/gSDua7gr #Indonesia #MiddleClass #PoliticalEngagement #SocialChange #EconomicEquity #EducationMatters #InclusivePolicies #CivicParticipation #Empowerment #FutureOfPolitics #BRAVEpodcast

Founder's Spotlight: In conversation with Kevin Hausburg of wagely A dynamic entrepreneur with a proven track record, Kevin brings a wealth of experience and passion to responsible financial wellness. As the driving force behind wagely, he plays a key role in driving employee financial well-being in Indonesia and Bangladesh. wagely’s exponential growth is a testament to his commitment to helping individuals regain control over their income and finances, proven to make a tangible impact on reducing turnover, enhancing engagements, and increasing business savings. "One of the most significant hurdles has been educating both employers and employees about the benefits of our service, especially clarifying that what we offer fundamentally differs from loans or lending services. It's about shifting mindsets and debunking misconceptions, ensuring that earned wage access is understood as a tool for financial empowerment that does not put you in debt.
" Join us in exploring Kevin's insights and experiences in our Q&A series, shedding light on his entrepreneurial journey and the future of wagely. Read the full interview here: https://lnkd.in/gcNQ5xiz

Unlock the secrets of starting a legal business in Indonesia! 🇮🇩🔑 Are you ready to embark on your entrepreneurial journey in the vibrant Indonesian market? Don't miss out on the crucial first step: obtaining your SIUP (Surat Izin Usaha Perdagangan). Our latest guide breaks down everything you need to know about this essential trading business license: • What is SIUP and why it's a must-have 📄 • Different types of SIUP for various business sizes #siupmikro #siupkecil #siupmenengah #siupbesar • Step-by-step application process #businesslicense • Common challenges and how to overcome them 💪 #startupindonesia #businesscompliance #entrepreneurshiptips Whether you're launching a small enterprise or a large corporation, understanding SIUP is key to ensuring legal compliance, building credibility, and unlocking new business opportunities in Indonesia. Need expert guidance? Our team at @jcssindonesia is here to simplify the process and fast-track your application. Let's turn your Indonesian business dreams into reality! Ready to take the first step? Connect with us today and let's get your SIUP journey started! 🚀 #indonesianbusiness #foreigninvestment #businesslicensing #entrepreneurshipjourney

Get to know Fazz Agen 🔎 Fazz Agen's mission is to give Indonesians the power to enable financial access for all. We aim to give the power to provide financial access to the Indonesian people by making it possible for anyone, particularly small businesses, to become a financial services provider or 'financial agent'. We believe that by empowering small businesses - the hubs of the local communities that they serve - we can extend access to financial services, improve livelihoods, increase economic activity and grow the local economy. #BusinessFinanceWithoutLimits #BeraniBukaPeluang

Looking to expand your business into Indonesia? 🌏 Here's what you need to know! With a booming economy, Indonesia offers great opportunities for entrepreneurs. Whether you're setting up a Foreign-Owned PT PMA or a local PT, having your investment plan, capital, shareholder structure, permits, and tax registration in place is key. 🇮🇩 With the right preparation, you could be up and running in just a few weeks. Visit our website for more details: https://lnkd.in/gswEmRdN #OwnPropertyAbroad #IndonesiaBusiness #ForeignInvestment #BusinessGrowth #EntrepreneurLife #StartupLife