June 21, 2023

Entrepreneurship Management and Family Financial Management Training for Dharma Wanita and MSMEs in Carenang Serang

The Indonesian Inspiration for Building Foundation (YIIM) supported by PT Insight Investments Management (INSIGHT) held entrepreneurship management and family financial planning training for 45 Dharma Wanita members and MSMEs in Carenang District, Serang, Banten.

Program Information

Program Name

Community Economic Empowerment and Livelihoods Development Program

Date

June 21, 2023

Program Focus

SDGs

Partner Collaborators

Beneficiaries / Participants

Program beneficiaries consisting of underprivileged citizens, aspiring micro-entrepreneurs, and mentored communities.

Location

Aula Kantor District of Carenang di Village of Panenjoan

Key Activities

Provision of applied technical and entrepreneurial training, hands-on production of value-added goods, independent business mentorship, and access facilitation to local market networks.

Expected Outcomes

Enhanced economic self-reliance for underprivileged communities, creation of new livelihood opportunities, and sustainable improvement in family prosperity.

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Entrepreneurship and family finance training in Carenang

On Monday, June 19 2023, the Indonesian Building Inspiration Foundation (YIIM) supported by PT Insight Investments Management (INSIGHT) (PT Insight Investments Management (INSIGHT)) in collaboration with Dharma Wanita Carenang District held Entrepreneurship Management and Family Financial Management Training with the theme “The Spirit of Economic Empowerment and Entrepreneurship of the Carenang Community”.

This program is a form of commitment and form of Social and Environmental Responsibility (TJSL) or Corporate Social Responsibility (CSR) from INSIGHT to the people of Carenang District with the spirit of transforming investment for good social impacts and the spirit of YIIM, namely spreading inspiration to mobilize positive energy for better development in Indonesia. This program is in line with the Sustainable Development Goals program (Sustainable Development Goals/SDGs), especially SDGs Number 2 concerning Preventing hunger and SDGs Number 17 partnerships to achieve the goals.

The training was held in the Carenang District Office Hall in Panenjoan Village, Carenang District, Serang Regency, Banten. The training agenda is held from 08.30 WIB to 12.00 WIB. The training activity was attended by 45 participants, both wives of state civil servants (ASN) and MSME activists in Carenang District, Serang Regency, Banten.

The training event was attended by Mr. Arif Roikhan as Carenang Subdistrict Head, Mrs. Alvinna Amir as Chair of the Carenang District Dharma Wanita Association, Mrs. Riccana Rosita as YIIM Treasurer, Mr. Herlanda Putra as YIIM Finance Staff, Mr. Isnaeni Setiawan as CSR Coordinator of PT Insight Investments Management (INSIGHT), Mrs. Alifah Ghina Maharani as Deputy Head of Retail Sales of PT. INSIGHTS.

This training activity began with opening remarks from Mr. Arif Roikhan. He conveyed, “Thank you and the highest appreciation to all those who were the driving force behind this training, namely PT Insight Investments Management (INSIGHT) and, thank you for being given the opportunity to provide valuable training for the residents of Carenang District. That this opportunity does not come twice, let’s take advantage and follow this training well which will certainly be useful for the participants. This activity is also in accordance with the vision and mission of Dharma Wanita, especially in terms of economics. Hopefully this training will bring goodness to the residents of Carenang.”

Then Mrs. Alvinna Amir as Chair of the Carenang District Dharma Wanita Association gave a speech “Thank you to PT Insight Investments Management (INSIGHT) and YIIM for their concern for Carenang residents in providing training. We hope that the training ladies and gentlemen will make the best use of this training time and can apply it for entrepreneurship. Hopefully YIIM and PT Insight Investments Management (INSIGHT) can provide other training to support Carenang residents.

Then Mr. Isnaeni Setiawan as “PT Insight Investments Management (INSIGHT) is an investment management company that has been established since 2003, with the aim of “Transforming Investments to Social Impact” through the Corporate Social Responsibility (CSR) program. Where changing investment into social impact, meaning that every social activity such as this training is carried out thanks to investment from investors, every PT Insight Investments Management (INSIGHT) product has a CSR budget. Such as community empowerment training in Carenang District is thanks to investors at PT Insight Investments Management (INSIGHT) invites people to invest and care. Hopefully this training can be useful for Carenang residents and meets their needs.”

The training began with the first material presentation session by Mrs. Alifah Ghina Maharani as Deputy Head of Retail Sales PT. INSIGHTS. The material provided was about the Savings and Investments financial literacy series, where participants were given knowledge on how to have good financial planning and the risks of saving money in the form of cash. Apart from that, participants were given information about types of investment and understanding how to invest. Apart from providing material, Mrs. Alifah also gave several examples of financial and investment cases that are wrong and often occur in society, for example fraudulent investments.

Next, the second material was given by Mrs. Riccana Rosita as YIIM Treasurer and Mr. Herlanda Putra as YIIM Finance Staff. The material provided is about MSME Business Financial Management, MSME taxes and the criteria for being taxed. Participants are also taught how to calculate Cost of Goods Sold (HPP) and participants are given examples of questions about calculating COGS. Next, participants are taught about MSME financial management, how to separate personal finances and business finances, as well as the discipline of recording all financial income and expenses. The speaker also provided an example of an application for a business cash book that participants could use.

After completing the material presentation session, the question and answer session continued. The participants were very enthusiastic in asking questions to the three presenters. Questions were asked such as whether there should be limits when lending money, then several participants also asked how to find out about investments that have been registered with the Financial Services Authority (OJK), the answer to this question was answered by Mrs. Alifah, namely that the participants could find out easily via the internet. Then there was also Mrs. Enok Sadiyah, one of the participants who is an MSME activist, consulting on how to reduce business capital and increase profits in order to develop her business.

It is hoped that after the training, the participants can develop efforts to support the family economy, helping families to have external income. It is hoped that it will not only be for oneself, but can be transformed into society.

As a non-profit organization, YIIM is very open to all parties who wish to support or make donations in any form. Because every donation given to YIIM will be distributed directly to the rightful beneficiaries.

Salam Inspirasi!

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