Business-minded Koperasi

I attended an investment talk this morning presented by a Koperasi. It gave me an overview of what they do, and surprises me that a Koperasi can get so business-minded.

If you don't already know what a Koperasi is: A Co-operative is an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly owned and democratically controlled enterprise.

They have businesses in transportation, fuel station and grocery store as well as provide loans and savings to their shareholders. One thing that interest me to this talk is about their new investment in breeding Arowana. They projected that on average, they can sell each arowana at 10k. And just imagine when they have a pond, that will be thousands of arowana, which means millions of dollars. The arowana will be pure breed and comes with certificates, to be exported to other countries. Apparently they have already embarked on this project, and are very optimistic with the project.

I was also told that they are one of the most successful Koperasi in Brunei. They actually invites the public to be their shareholder. So if you are interested, you may have a look at www.tasamul.com