• About UGM
  • SIMASTER
  • SINTESIS
  • Public Information
  • SDGs
  • English
    • Bahasa Indonesia
    • English
Universitas Gadjah Mada Universitas Gadjah Mada
Faculty of Economics and Business
  •  About Us
    • Overview
    • History of The Establishment
    • Mission & Vission
    • School Values
    • School Leadership
    • Senate Leadership
    • Department Leadership
    • Study Program Leadership
    • Unit Leadership
    • Faculty Advisory Board
    • Annual Report
    • Campus Facilities
    • Visual Identity
    • News Room
    • The 70th Anniversary
  • Academic Programs
    • Undergraduate Program
    • Master Program
    • Doctoral Program
    • Profession Program
    • Short Academic Programs
    • Professional Programs & Certification
    • International Undergraduate Program
    • International Doctorate in Business (IDB)
    • Academic Calendar
    • Rooms and Events
  • Faculty & Research
    • School Memberships
    • School Accreditation
    • International Networks
    • Faculty Members
    • Visiting Professor & Research Fellows
    • Professional Staffs
    • Publications
    • Published Journals
    • Working Papers
    • Fields of Study
    • Supporting Units
    • International Conference Partnership
    • Call for Papers
    • Community Service
    • Faculty Library
  • Admission
  • Home
  • News

Social business in Indonesia not growing

  • News
  • 24 February 2013, 09.31
  • By : Admin

Profit-oriented businesses are common. However, when the business was established not for profit but to help the poor, it is really quite remarkable. It was conducted by the founder and CEO Yayasan Cinta Anak Bangsa (YCAB), Veronica Colondam. The Foundation was

founded fourteen years ago, overshadowed the three companies and a cooperative, managed to educate 2.2 million children dropouts of school in Indonesia. Not only send their children dropouts of school in the studio to learn even she finds work for them after graduation. Their parents also received capital assistance through soft loan.

“Studio for a place to learn that we have already established in 16 provinces, 36 cities, involving 8719 volunteers and 78 thousand activities,” she said when speaking at the executive series in the auditorium Sukadji Ranuwiraho, Master of Management, Faculty of Economics, on Saturday (02/23).

Women who were born in Manado, 41 years ago, said what she was done purely to help others. Departing from concern the number of children dropouts of school age throughout Indonesia that reaches 3 million every year. “One out of three children are not able to pursue an education. There are 3 million dropouts every year. Each Indoneisa child had hopes for the school,” said the winner Ernst & Young Social Entrepreneur 2011.

The choice to devote themselves to helping others she recognized solely to provide something more for others. For him, life is a success which could be useful for others in the next 10-15 years. “We can not see success when we are still alive. Rather, success is when we die and our name to be remembered. So that’s what I want to do,” he said.

He explained that when the foundation YCAB in the year 2000, he was having trouble finding donors. Every time he went to friends and colleagues will be asked for a donation mistaken. Then Veronika founded several companies to assist the foundation. “For me at that time how to make your existing business social elements,” she said. Some established companies are engaged in the sales of toys, games rides and a beauty salon.

Subsequently, he founded Koperasi Simpan Pinjam. This business founded as difficult to get children dropouts of school to learn at his own studio. Average age children dropouts of school to work to help additional family income. Then, through a business established Veronica, she gave the lure for parents who put their children dropouts of school will loan business loans. “With the condition the child has to learn that he passed,” she said.

Although impressed force, said Veronika, it is very effective effort. Even parents find age children dropouts of school than other families. Veronika job unfinished until these kids graduate. She also helped find jobs for those who want to work immediately or fund those who wish to continue their education to higher education.

Master of Management Director, Prof. Dr. Lincolin Arsyad, MBA., Said the business they work for the benefit Veronica moving very minimal social problems in Indonesia. According to her, what she can inspire the others to do the same thing that founded the company not merely for profit but to help the people in need, “In essence, how to make money but beneficial to the people, not for yourself and handful of people, ” he concluded.

Sources: gusti/ugm

Views: 250

Related Posts

PEOPLE PLEASER

Why Being a People Pleaser Can Harm Your Mental Health

News Friday, 3 October 2025

In university life, students are often faced with various choices, ranging from invitations to hang out and socialize after class to sudden weekend trips.

Prof. AGUS SARTONO

MBG: Grand Ideas and Reality

Faculty Insight Friday, 3 October 2025

By: Prof. Dr. R. Agus Sartono, M.B.A.
Professor, Department of Management, Faculty of Economics and Business, Gadjah Mada University
Deputy for Education and Religion, Coordinating Ministry for People’s Welfare/Ministry of Religious Affairs of the Republic of Indonesia 2010-2014

Providing free nutritious meals, as seen in MBG, is actually a good idea, learned from the experiences of developed countries.

Novat Pugo Sambodo

FEB UGM Lecturer Highlights Economic Cost of Sugary Drinks

News Wednesday, 1 October 2025

Consumption of packaged sweetened beverages (MBDK) is not only a threat to health but also an economic burden on the country.

Ahmad Zaki

ESG Assurance: Challenges and Opportunities in Ensuring Sustainability Reporting

News Wednesday, 1 October 2025

The issue of Environmental, Social, and Governance (ESG) is gaining increasing attention in the business world. Companies are now required not only to present reliable financial statements but also to disclose their sustainability efforts and initiatives.

Latest News

  • Why Being a People Pleaser Can Harm Your Mental Health
    3 October, 2025
  • MBG: Grand Ideas and Reality
    3 October, 2025
  • FEB UGM Lecturer Highlights Economic Cost of Sugary Drinks
    1 October, 2025
  • ESG Assurance: Challenges and Opportunities in Ensuring Sustainability Reporting
    1 October, 2025
  • Tips for Maintaining Mental Health for Students
    30 September, 2025
Universitas Gadjah Mada

Universitas Gadjah Mada
Faculty of Economics and Business

Jln. Sosio Humaniora No.1, Bulaksumur, Yogyakarta, Indonesia 55281

Map & Direction
More Contact Information

Faculty Directory

  • Public Information
  • Room Management
  • Asset Management
  • Cemetery Management

Student

  • Student Community
  • Student Services
  • Career Development
  • International Exposure
  • Scholarships
  • Internships

Alumni

  • Alumni Community
  • Alumni Services
  • Tracer Study
  • Jobs & Internships
  • Scholarships

Social Media

© 2025 Faculty of Economics and Business UGM

DisclaimerSite Map

๐Ÿ’ฌ Need help?
1
FEB UGM Official WhatsApp
Hello ๐Ÿ‘‹
Can we help you?
Open chat
[EN] We use cookies to help our viewer get the best experience on our website. -- [ID] Kami menggunakan cookie untuk membantu pengunjung kami mendapatkan pengalaman terbaik di situs web kami.I Agree / Saya Setuju