[RECAP] GIST x ANGIN Angel Investor Training

ANGIN is proud to have partnered with the US State Department, GIST, and VentureWell in creating the first GIST Investors training to angel investors in Indonesia.
The full day training was packed with many topics covering areas of Investment Process Deep Dive, Valuations, Terms, & Negotiations and Gender Lens Investment with speakers: Claire Ruffing from U.S. Department of State, Eli Velasquez from VentureWell,  Gwen Edwards from Angel Resource Institute (ARI), Ramphis Castro from ScienceVest and Melissa Bradley from Project 500.
Some key takeaways from the training:

  • Indonesia has plenty of opportunities – young demographic with no shortage of capital.  The challenge is to educate investors about the opportunities abound in startups. Gwen said that it is about finding the next “unicorn” and lots of “gazelles.”
  • It is important to diversify your portfolio. As Gwen Edwards put it, having 20 investments in your portfolio is about the right number. One cannot complain about the pitfalls of angel investment if one only invests in one startup. After all, angel investment is comparable to investing in the stock market. Don’t put all of your eggs in one basket.
  • It can take up to 10 years for an angel investor to see significant return from their portfolio. Angel investment is not a quick process; you must nurture and grow the companies you are investing in; some may fail, some may exit, but the process will be different every time and hopefully very rewarding.
  • As an investor, one should carefully craft their investment thesis. This is represented by a few criteria that will define the parameters of your investment. Having an investment thesis is also a marketing tool for yourself, as other angel investors or networks will begin to direct deals that match with your thesis to you once you are known for your thesis.
  • From Virginia Tan: gender-lens investing isn’t necessarily just “social” — it’s also extremely profitable. From her experience, women-led startups have not only been profitable but have also been more consistent with projections. Male entrepreneurs tend to pitch very well but the numbers show a bigger gap in performance versus projection.

The GIST Investor training on 5 April 2018 is the first and just the beginning of many more training and other programs. We look forward to a continued collaboration with GIST in bringing quality events to Indonesia and in providing resources to our angel network and beyond.

Crystal Widjaja: GO-JEK SVP Business Intelligence

Tell us a bit about yourself.

My name is Crystal Widjaja and I work at GO-JEK Indonesia. I am purely a data person; what that means is I’m constantly look at trends, metrics, KPIs, and creating new KPIs so that the business can grow and evolve in its strategy and decision-making process.

What inspired you onto this data science path in the first place?

A lot of people would look at my history and say, “Hey that’s not very data science. That’s not very ‘data’ at all.” I actually graduated in political science – in empirical methods – but secretly I’ve always been very data-driven. The reason why I majored in political science was because I wanted to do polling statistics: understanding the correlations between different types of demographics, how they vote, and how, say, a three-party system creates different results from a  two party system. These are the kinds of things I was really interested in from the data side.

There’s a lot of manual data collection in political science, and in research in general. Learning how to optimize and create good data structures was just a natural evolution. And from there – given that I’m a lazy person sometimes – I learned how to write code, like Python, and SQL. That just leverages your potential so much more, right? A lot of that has been very useful to push me into data science and business intelligence.

What got you to take the initiative to write code? How do you recommend a beginner start learning?

For me, it was actually working on annoying manual problems that led me to start learning VBA (Visual Basic for Applications) on Microsoft Excel. From there, I figured that if I could tie together Python into VBA, I could be even more productive. A lot of GO-JEK is the same way in that we are very iterative. We’ll ask ourselves, “What’s the easiest thing that’ll 10x us?” and once that 10x is done, we’ll go back and ask “What’s the next thing that’ll 100x us?” So that iterative thought process of, “Okay, how do I do 80% of the work or get 80% of those gains right now?” is in our company culture and fits me very well.

What did you use to learn those programs?

I’m actually very good at Googling – I think that’s an underrated skill. (laughs) But actually there are quite a few resources on W3Schools for SQL, for example. Udemy and Coursera have great R programs. All of these free resources can actually get you about 90% of the way. That other 10% of mastery is really finding a challenging problem that you can work on and practice with.

And what was an early challenge that propelled you forward?

One of the things I was working on at the time was research on different startups. I wanted to see what people were saying about startups. I had a list of startups that I had captured from Crunchbase, and I wanted to generate the most recent news article about each one. So if I were to go into Google and press search, using time as a parameter, how could I automatically get that first result? So I actually did that on Excel VBA with a Python script as well.

Pivoting towards more startup questions, what are some key differences you found between US startups and Indonesian startups?

I think what I have seen is that people here are much more passionate and much more interested to learn. There’s a lot of active learning that happens in Indonesia, especially at GO-JEK. Here, we encourage people to seek out problems and solutions themselves, rather than waiting for someone to teach them and waiting for someone to train them directly. It’s a lot more of, “Hey, there are these problems that no one has ever worked on before. Are you interested in picking these up as challenges that you want to prove yourself with and identify best practices on your own?”

In the US, I’ve found that there’s a lot more passive learning where the best practices are all around you. You raise your hand and there’s a mentor right there next to you. That passive learning, while great (you do learn a lot), doesn’t push you as far. The challenge in Indonesia and the challenge for startups in general is that we have to pave our path by ourselves. It’s very new.

And that’s why this younger generation of students really excite me. I absolutely love having recent grads join us; they are the pioneers that don’t realize how hard it is to do something, so they will work the hardest to accomplish these things.

How do you see Indonesia and its nascent startup scene versus Silicon Valley? What kind of potential do you see? What do you find similar?

That’s a really great question. From what I see in Silicon Valley, a lot of the really meaningful things have already been done. What’s being created there are like assisted living apps for millenials. That’s not really inspiring; it’s not really impactful.

What I see here in Indonesia are people really working to solve hard, fundamental problems that improve the lives of people around them across all levels. There is that expectation that Indonesia will become that next tech hub. I think we have a lot ot live up to, but I do see there are a lot of new organizations, new startups — there’s so many meetup events that are extremely inclusive. The ones I had attended in Silicon Valley were actually less inclusive because they had that senior mentality, whereas here it seems like everyone is so willing to pull each other up that ladder rung. I actually think we will do much better because of that inclusivity and that diversity of people.

What are some obstacles you see?

Traffic, for one – like how do you get all these people to a meetup and start at the right time? That’s actually a literal and logistical fundamental challenge. Even we at GO-JEK face this. For instance, at AI Saturdays we start at either 10:00AM or 10:30AM; it really just depends on whether or not it’s raining. Hopefully as we develop that infrastructure and increase that ability to connect each other, we’ll actually enable other people to meet up more frequently and be more dependable.

A huge obstacle in the tech scene here is that it’s quite difficult to source developers for startups. How do we make Indonesia a more attractive place for quantitative talent in fields such as data science and technology, and how do we attract girls into that field?

I think there are a lot of junior developers, and so the question is: how do we create a mentorship system so that we continuously refine and polish the existing skillsets of the people here? I know there are a lot of beginner meetups and beginner events, but seeing more experts put together a more polished curriculum, that’d be interesting. I know Hacktivate is great and there are a couple of other coding schools that are developing these best practices. I think in time this will happen, it’s just that we started a bit later than Silicon Valley. But we will actually, I think, surpass them.

Yes, there aren’t that many female developers. I think that this partially has to do with the expectations that young women have as they’re growing up. They currently see a lot of male developers. There aren’t a lot of good examples of females in tech for them. I personally would like to spend a bit more time ensuring that female developers are paid attention to, are given that exposure. All female developers have this responsibility to just be present, to just stand out there. And being present inspires that younger generation. Although you may not see that impact for several years, you need to influence that generation to see that this is actually something that they can do.

Have you faced any unique challenges as a female in data science?

I work mostly in business intelligence, but I do sit with the data science teams as well. I’m actually blessed that GO-JEK has such an innovative and inclusive culture. Our company is so diverse that I’ve never felt prejudiced, actually. And that’s what makes GO-JEK great. Our attitude is about inclusivity and solving difficult problems. And that diversity of thought across gender, ethnicities, and backgrounds actually allows us to come up with more innovative solutions than other people normally would. I love the fact that we are a very distributed and culturally dispersed team because I’ve heard interesting insights that I never would have without that diversity.

How would you recommend people deal with those workplace situations if they do face that?

What I can talk about is what has been really successful at GO-JEK. For us we are very open. We have leaders who actually push feedback sessions. They actively tell us, “Hey, make sure you take an hour of your time every week with your team to do brown envelope sessions. Write feedback.” One of our 10 values is actually that criticism is a gift. Being able to give helpful feedback and tell people, “Hey that isn’t something we really value in our culture,” or, “Hey, that tone you took wasn’t really correct” — that kind of openness allows us to communicate very openly and fix any problems we might have. A lot of these situations perhaps could be handled with more transparency or with better policies in place, and I think GO-JEK has a very safe structure. You could tell people things and know they will receive feedback well.  

And for those whose companies don’t necessarily share GO-JEK’s culture?

It’s difficult for me to say that there is any universal solution, but I would say that progress has to start with yourself. Be the progress you want to see. If I see injustice, I will actually call it out. That is personally important to me. Ask yourself, “What are your virtues, what are your values,” and act on them on a daily basis. We can’t expect other people to take responsibility for the injustices we see; if you see a problem and you have the power to make a difference, then why not go and make that difference?

And I see around the world, a lot of people are picking up on that sentiment. There’s a lot of women’s marches — in Jakarta, for instance —

Yes! And it all starts from one person, right?

Yes! And so how can we keep the momentum going?

Communities are one of the most important things that I think really sets Indonesia apart from other places. The amount of community here already allows us that freedom. If someone in your community is hurting, your community here is usually small enough and know each other well enough to all stand up and fight for you as well. I would say, build a community, rally together for social causes, and ensure that people communicate well. That is probably the best way.

What do you think is the source of the gaps that exist in terms of resources and support for women entrepreneurs in Indonesia? What can be done to address them?

Interesting. I think a lot of these gaps stem from inherent bias. When people grow up seeing that all of their leaders are male, they internalize this and assume this to be the right approach to take. So they promote more men, they raise more funds for men.

For this, I appreciate that there are actual foundations that recognize the need to reverse that discrimination with women. FemaleDev is a great example of this. But beyond that, what can we do? It’s more about creating better systems for performance evaluations, right? Understanding that what a person does should be reflected in their performance reviews, rather than their gender or appearance. I think even Google does anonymous review cycles as well.

It’s a tough question, and a systematic problem. Purely I think a lot of what we can do is for that younger generation, so that when they grow up they don’t have those inherent biases as well.

What is one message you’d like to give to girls and women who are aspiring to be the next Crystal, the next GO-JEK SVP, or president even?

Aw, I’d be honored. I would tell them that they shouldn’t let anyone tell them they can’t do that, or that it’s not a role for women. Even I heard that as a kid. I had wanted to play the drums once, and some boy told me, “That’s not for girls.” I actually let that stop me. So I would say, don’t let anyone stop you. If you have a belief or a passion for something, the internet is there. You don’t need a teacher in front of you; you can learn almost anything on the internet. If you have a passion, if you have a dream, it’s actually your own discipline and motivation that’s stopping you. So why let that stop you?

If you could create any app that you wanted, what would that be?

To be honest, I would probably make a GO-DONATION service. Matching people who need help with donors. Now that we have GO-PAY, you could just donate directly. You could see – you know, this is the person’s social cause or financial cause that they’re working for. It could even display options like, “This is a place that needs two hours of volunteer services and this is where to sign up.”

 

Siti Fuadilla Alchumaira: Co-Founder of Empowomen

Tell us a bit about yourself.

My name is Siti Fuadilla Alchumaira. I am the co-founder of a women’s community initiative in Lampung called Empowomen. It is a forum which aims to develop the potential of young women in Lampung and increase women’s leadership and participation in society. We select women to participate in a four-month program involving activities that focus on capacity building, project management and team building, with a final stage of implementing a social project that targets local women as beneficiaries. Our hope is that our female participants can develop these skills to use for their careers and become leaders who can mobilize the community to solve existing social problems within our society.

What inspired you to build this initiative?

First, I’ll give some context about the gender dynamics in Lampung. Currently, there are only 4 women leaders out of 40 community leaders in Lampung, while only 23% of parliament is represented by women. For these reasons, as well as the high rates of violence against women in Lampung, we decided to invest in women. If we can raise the standard of women leaders within the community, then the awareness and sensitivity to solve issues related to women will inevitably increase.

What sorts of issues do women currently face in Lampung?

In Lampung itself, there is still limited support and access to general information about the options that women have. We are not just talking about women’s access to information or developments in Jakarta or Java, as we are still quite far away from that reality. Here, women’s aspirations are still limited to domestic roles which is a mindset we want to change. We strive to raise awareness and lead by example to inspire women to do anything they can with their skills and abilities. We are not limited by our gender and should be able to build a career in whatever field we choose.

What sorts of challenges have you faced so far?

Until now, we still rely on grants and have not been focused on monetising our project as we are currently focused on raising awareness and capacity building. We are still unsure about the kinds of products or services that we can develop to monetize and thus support the sustainability of Empowomen. These are the strategies we need to work on moving forward.

How do you stay motivated despite facing difficulties?

We are grateful that accessibility is increasing and we are becoming more aware about the importance of funding in supporting the sustainability of our project. Perhaps one thing that keeps us going is the fact that we are certain about the ‘why’. Why are we doing this? Because we believe in the benefits of our project, and feel continuously encouraged and humbled by the mentorship we have received thus far, which has allowed us to increase our own capacity. The main thing is to keep learning, keep trying, and if it fails, just try again.

What can we do to help as a society?

Naturally, most of our team is female, but we also recognize the important role of men in achieving our vision. One of our values ​​is inclusiveness, and so both men and women are invited to support our initiative and the societal issues that affect women more generally.

 

Lientje H.K. Mamahit: Founder of UD Makaarwen

Tell us a bit about yourself.

I am Lientje H.K. Mamahit and I am the owner of Eufraino. We produce a variety of plant products that are processed to be used as traditional medicine for health. I am also coincidentally the Chairwoman of the Association of Traditional Medicine in North Sulawesi. Our products come in the form of instant powdered drinks made from ginger, temu lawak, and turmeric, which are considered natural herbal remedies. We combine these ingredients with fruits and vegetables such as mangosteen, soursop, and carrot, among others to enhance the flavors. My latest product is a 3-in-1 variety consisting of mangosteen combined temu lawak and ginger, which I recommend for people who work a lot, people who tend to eat an oily, fatty diet, and for detoxing in general. The reason why I made these into instant powder was because it turns out that after multiple test trials, that these fruits and vegetables produce higher levels of vitamins when dried and grounded.

What motivated you to start your business?

In the 1990s, I was working as a pastor at a hospital in North Sulawesi when I suddenly became sick. The doctors gave me a drug injection, after which I fainted. It was from there that I realized that my body could not take in chemical drugs, and that’s when I discovered herbal medicine.

Then in 2000, I began to build my own business. I started with only 1 kilogram of ginger, temu lawak and turmeric. For every kilogram, I was able to make 30 sachets of herbal drink. After receiving so much positive feedback and orders from friends and family, I had the confidence to grow the business. Now there are 10 instant drink products under Eufraino which have been distributed to most supermarkets in Manado, as well as stores in Tomohon and Tondano including Transmart Carrefour. My current production per year is 30,000 sachets. At the moment, I am starting to develop green tea, which has become somewhat a global trend. Green tea in powdered form is generally considered higher in antioxidants.

What sorts of challenges have you experienced in developing this business?

This business is not without its challenges. In terms of finding capital, I relied on bank loans. However we have been lucky enough to get support from the Ministry of Agriculture to develop our product. Business growth now has reached 10% every year. The Ministry of Cooperatives has also provided us with mentoring and coaching.

Can you share some of the other initiatives you have been involved in?

In 2011 I was also given a community award by the Ministry of Agriculture called the LM3 (Lembaga Mandiri yang Mengakar di Masyarakat) for outstanding achievement in agribusiness. Those who received the LM3 were directly recruited by the Ministry to work as coaches at the Rural Agricultural Training Center. Because a lot of agricultural output is sold unprocessed, its value is remains low. For example, rice farmers generally directly sell their harvest in its unprocessed form for around Rp.10.000 per kilo of rice. But when the rice is processed into flour, companies like Rose Brand sell bags of 100g for a lot more than the unprocessed rice itself. This is the value added from processing that we aim to promote to agribusinesses.

I have also visited various cities in Indonesia and abroad because of invitations to attend seminars and symposiums on herbal medicine. So my knowledge increases after attending each training session, seminar and symposium.

What do you hope for Eufraino going forward?

Our product is ready for export, especially our 3-in-1 drink consisting of mangosteen, temu lawak and red ginger. With the global health trend at the moment, there is definitely a market for it – particularly with its  great health benefits.

 

Rizkia Meutia Putri – Community Leader in Lampung

Tell us about yourself.

My name is Rizkia Meutia Putri. I am the co-founder of a community group called Jalan Inovasi Sosial (JANIS). JANIS is a social community that engages in social empowerment and community building with a particular focus on innovation. We aim to raise awareness about economic growth, education and environmental issues within the surrounding community in Lampung. One of the projects we have worked on is empowering the tourism industry within Kunjir village, which is located in South Lampung. Here, we see a lot of potential to develop tourism; however public awareness remains low. So, we decided to go to the village and help the local community to realize and develop that potential.

What is the story behind your initiative?

In Kunjir, there is an island called Pulau Mengkudu. It is one of the icons of Lampung, but unfortunately is not marketed very well and thus attracts few visitors. At the start, there were only 10 to 15 visitors per week, but after we conducted a few trips which aimed to empower and educate about the economic development of the community, the condition slowly improved. In the end, we were able to reach over 1000 visitors per month. From there, awareness about the environment also started to increase with people throwing garbage in the correct place. Before, not many of the local people worked; now, various business have opened there as well as tourist guard posts which has resulted in an increase of income for the community from 2 to 3 million rupiah per month from the money collected at each post.

This community has been running for 3 years. It is still sustainable as a tourist village and we still follow up until now. We want to innovate again in the village to attract more tourists to come back.

What are your current strategies to grow?

We are continually building on our tourism strategy to add attractions that can draw tourists back to the area. For instance, at the moment we are looking into agricultural tourism and hydroponics as points of attraction. This is the beauty of agriculture, because housewives and mothers can not only open eateries but also help create new attractions with visual appeal.

We also accompany youth. They are very creative. One of the youths crafted a local good that tourists ended up buying as souvenirs. From there, we realized that we need funding. So to fill in what is missing in our requirements and execution, we sought out support. Why walk alone if we can walk together? We are not alone because many communities and local partners support us. Our team really has a sincere intention and vision to give value to our community.

If we want to seek funding, then we must have a mature concept. At the moment, we are in the process of developing our concept again in the case that there are potential investors or donors who want to support the program. It is important that we refine our concept in order to attract more people.

As a woman founder, what barriers do you experience?

As a woman, your support network is really only the close friends around you because woman still get underestimated. Even for women who are aware of their own potential, it can still be hard. But as long as we can manage these feelings, it will challenge us and it will make us stronger.

How do you overcome challenges and stay motivated?

We recognize that our initiative is useful to others and that there are still people that can benefit from our efforts. If there is something or someone that stands in your way or undermines you, don’t focus on it. I chose to focus on the 1,000 people and the village community who benefits from our services. Just keep going.

Ria Pratiwi: WIZEL Project

ANGIN Women’s Spotlight series seeks to showcase a diverse array of inspiring women leaders and their stories and experiences in order to shed light on the unique experiences of women in business. We hope that both men and women can gain from these shared experiences, that these stories can inspire change, and that other young girls are motivated to become leaders as well.

Please explain a little about your efforts.

My name is Ria Pratiwi and I run WIZEL Project. I recycle used jeans and use them as materials to make bags or pencil cases. Suppose I can market these products online and offline; I plan to save 10% of the profits.  The funds saved will be used for sewing training for unskilled mothers that only work at home — the housewives. I hope that in the future, through the training, they will be able to earn extra income to support their households and learn new skills.  They will not only be able to sew bags, but also clothes. However at present, I have difficulties in marketing the product despite having successfully created a good prototype.

What makes you build this business?

First of all, I could not find good and affordable products made of denim, particularly bags. I like products made of denim; it’s a good, strong and long lasting material. But it was hard to find a denim bag that isn’t too expensive.

Secondly, environmental issues. Nowadays, most people wear jeans and store them away  because they do not know where to throw them away. Many choose to cut their jeans or tear them apart. In my opinion, the usage is not optimized and it is probably better if we recycle them, convert them into something useful, and therefore give to people in need. Furthermore, I saw a problem within my own circle: my aunt is a housewife who does not work, but she has the ability to produce if only she was empowered. I wondered, “Why can’t I empower her and possibly other mothers later so they can be productive, gain skills, and earn more?”

What’s your fundraising strategy? How are you running?

At present, I am running on zero external funding. I collect jeans as donations from friends who do not want to wear these jeans any longer.  Then, I recycle them into bags. Currently the problem is mostly in financing the cost of the sewing machines. In the future I want to train more mothers and housewives, so we will need more tools that can support this program.

I will continue to look for access to funds because sewing machines are needed.  At some point, not all of the materials would be from donations. We may buy denim in rolls so that we can produce bags from both new and recycled materials. I intend for the recycling program to continue to exist.

What are some challenges you encounter in your business?

The challenge is getting these housewives to understand the upside of being a participant in this project. They need to be aware that they could help their families by having additional income. If they can produce the bags well, we can help them market them and sell them.

As a female entrepreneur, do you see any challenges in developing your business?

I am female and many investors are usually men. First of all, I am worried that they will not pay attention to me because I am a female. They probably question my ability since I am female and they might think that women can’t do something like this. I worry about these things when I meet prospective investors.

So this stereotype still exists?

Currently in Lampung communities, this stereotype still exists. In better educated communities, such beliefs have probably waned as they understand that women also have the potential and are capable.

How will WIZEL Project create impact?

First, I want to promote Sustainable Development Goal 12 of sustainable consumption and production by ensuring continuous consumption and production patterns. We as a society consume and buy clothes like jeans, but do not know how to recycle or reproduce.

Secondly, I can also create economic growth for these housewives I work with. 10% of the profit saved from every purchase will fund the continuous training.  I also plan to donate some of the bags to street children, orphanages or children who need school bags and pencil boxes for school. Hopefully by providing these basic needs, we can help them stay motivated to study and attend school.

Suriana: Founder of Lyvia

ANGIN Women’s Spotlight series seeks to showcase a diverse array of inspiring women leaders and their stories and experiences in order to shed light on the unique experiences of women in business. We hope that both men and women can gain from these shared experiences, that these stories can inspire change, and that other young girls are motivated to become leaders as well.

Tell us a bit about yourself.

I’m Suriana from Lyvia. We make a variety of fish-based specialty sambal from Manado. Not only do we make sambal, but also abon (fish floss), which we sell in supermarkets such as Carrefour, Indomart, local supermarkets as well as souvenir shops.

What made you start this business?

I used to be a housewife, but saw that in Manado there is a need to create jobs for women. We try to make products in fish processing because there is such an abundance of fish in Manado. Most of our workers are housewives because their husbands’ salary is not enough; they usually help the family business with work. At the moment we have three workers, including myself, making sambal in the house.

What challenges do you see in women’s society in your area?

Most women are left by their husbands, and some have do not have a job. We want to empower them to make money. In most cases the husband’s salary is not enough for their lifestyles, so they work. For my future mission, I want to open a gift shop. We want to empower mothers to be able to produce their own products and sell in the store. That’s my mission ahead.

What are some fundraising obstacles you’ve faced?

Because we spend most of our money on renting the workplace, I have difficulties with financing the main production. Some of my friends also want to help with production, but have limited time so only help with what they can. I hope to increase production, but also need to prioritize fundraising.

Have you been running for a long time?

It’s been four years. We’ve been in operation since 2014, but at that time monthly sales were only at most 20-30 bottles. Now in 2018, we sell 1000 bottles per month. We want to raise our target again and expand our marketing network. The only constraint for us is our size. At the moment, we are still small-scale, although we have worked with the team at Alibaba. One of our obstacles is that we don’t have a BPOM license. Applying to BPOM is very expensive, and you must have a kitchen dedicated solely to production. As a result, the production kitchen and private kitchen needs to be differentiated. So our production is still conducted in my house — a kind of home industry.

What aspects do you feel you need help?

We want coaching for how we can prepare our products to reach the international market. In addition, our packaging is not yet refined to compete with international brands.

As a woman entrepreneur, do you face specific challenges in developing your enterprise?

Yes certainly, because our model is limited and I am solely in charge of managing the business. Besides being helped by one or two people, we have limited time for production. We must seek funding for both the production machinery and for a production factory.

Why is the empowerment of women important to you?

An example are a few of my friends; they are unmotivated and confused about what to do with their time. I started this business to help them become more productive and not feel burdened by their various problems. I want to teach them how we as women and housewives can be productive and engage in wage work while still taking care of the house.

 

Dwi Siti Sundari: Co-Founder of D’Harvest

ANGIN Women’s Spotlight series seeks to showcase a diverse array of inspiring women leaders and their stories and experiences in order to shed light on the unique experiences of women in business. We hope that both men and women can gain from these shared experiences, that these stories can inspire change, and that other young girls are motivated to become leaders as well.

Tell us a bit about yourself.

My name is Dwi Siti Sundari and I am the co-founder of D’Harvest, along with my husband. My business has been engaged in local snacks for about 3 years in the Tomohon area, in North Sulawesi. We utilize local crops such as goroho bananas that is available only in Sulawesi and develop them into banana chips that have a longer shelf life. We also produce snacks made of sweet potatoes, corn and beans for local souvenirs.

Do you have a plantation, too?

I do not, but there are an abundance of bananas in this region, so I had a thought: if we sell bananas as raw materials, it will have a low value and low shelf life, but if it’s a processed bananas, it has up to 6 months of shelf life. We are mostly housewives, so we work as a collective to process these bananas in our respective kitchen, then we will gather together to do the packaging process. We do this in our leisure time, after we are done taking care of our households.

What was your previous work, and what made you want to start this business?

Previously I worked full time at church while looking to hone my skills. I used to just be in the kitchen as a housewife, baking, and so on. We take orders for small events, as well as larger ones for Christmas or other special events. Then I started to sell my products, but with business development services from the government, I ventured to develop the products, apply for P-IRT (food production licensing), so that my products could be marketed to supermarkets and modern markets.

What kind of challenges did you encounter on your entrepreneurial journey?

We have so many requests (for the products). The ability to fulfill the demand is sometimes lacking because we do not have the proper technology and machinery. Up until now, we only used manual equipment. Someone offered us to supply our products in Maluku and Papua regions, but we were not able to take the chance as we lack labour and machinery inputs,  even after our neighbors came and helped us.

There is high demand, but many of our orders cannot be fulfilled because our equipment remains manual. So, on average we sell 15 or 20 units. It is not a large sum, because we are limited in terms of production and marketing.

Have you tried to take a loan from the bank?

We’ve never before gotten funds from banks because there are many requirements and constraints, and so we have not thought about getting it from there. I don’t think I can afford to qualify; when there is a guarantee we have the money, but it is difficult to gain the necessary permission that sometimes makes it difficult for us.

Besides fundraising, what other needs does your company face?

More on the business development services, especially in technical skills. We want to grow bigger so that we can employ more people, and thus develop newer and bigger food ideas. However, we need knowledge and training — not just capital.

How is the issue of women’s empowerment important to you?

Currently, I listen to a lot of women, including my own employees. If they do not work and earn money, their household incomes are not enough — their husbands are away, working as drivers or manual laborers. The women have to find additional incomes for their children’s school fees. They cannot even afford their own needs if they do not have jobs. On the other hand, they do not qualify for most jobs like clerk jobs or storekeepers due to age restrictions.

It is because of what I see around me that I want to help. I do so by giving knowledge; in addition to cultivation, we provide craft lessons so that even if a woman is still living at home, she can still receive a little salary and be productive.

 

Pravitasari: Co-founder of TuneMap

ANGIN Women’s Spotlight series seeks to showcase a diverse array of inspiring women leaders and their stories and experiences in order to shed light on the unique experiences of women in business. We hope that both men and women can gain from these shared experiences, that these stories can inspire change, and that other young girls are motivated to become leaders as well.

Tell us a bit about yourself.

My name is Pravitasari, and I am working on an application called TuneMap which is a GPS navigation app for visually impaired people who live in the city. We use crowdsourcing sites to connect visually impaired people with sighted pedestrians who will provide information about road conditions. Our aim is to empower the visually impaired community by creating safer roads to walk in, so they can lead a productive life and access proper facilities within the city. It’s about creating equal opportunity.

What was your background previously and how did the idea come about for TuneMap?

Firstly, I am an avid pedestrian who likes to walk a lot. As a sighted person, I feel uncomfortable walking on the existing pavements in Indonesia. At university I also studied psychology, which helped me better empathise with people who are different from me. If walking around the city was not accessible to sighted people, what would it be like for people who cannot see?

So I created Tunemap and tried to get it up and running with the support of some friends. We entered a UNDP competition, and through that, we were lucky enough to get connected with the largest visually impaired community in Indonesia who we work closely with in developing this project. We also work with UN volunteers in Indonesia who connect us with Indorelawan and also with the Ministry of Youth and Sports (MENPORA). We started with a societal mission, now we are trying to sustain this idea by also looking for funding opportunities to monetise our enterprise.

As a startup, what have been the biggest challenges and how do you overcome them?

It has been quite difficult finding fundraising such as equity, because we are focused on a very niche market and it is hard to find investors who want to invest in this market. That’s the challenge we are facing, but we are so glad for the grants we have received, which have allowed us to come up with the initial product, test it, and then validate it to the related stakeholders, to the users and to the beneficiaries – the visually impaired people. So the grants have helped a lot, but we know that we cannot rely on them in the long run.

the most important thing is to keep going. While fundraising is not an easy process, me and my team are clear about the why – why we want to do what we do. That keeps us going. We face so many failures and rejections. At least this year we prove that we can keep going and keep achieving one at a time.

What do you hope to achieve with your application?

We have two goals, that is, creating an inclusive and data-driven city. First and foremost, our focus is to empower visually impaired communities and provide sidewalks that are comfortable for them to walk on. After that, the benefits will flow to the rest of the community. The thing is, the government doesn’t know which areas to provide proper pedestrian footpaths and also who will use it. They have created pedestrian paths sporadically, without the use of data. So, we at Tunemap, are trying to solve that problem by using the data that is collected by the pedestrians to promote walkability in the city. Places like Jakarta but specifically Bandung, still have that walking culture. That’s why we started in Bandung, because a lot of people are still walking. Even if one person walks, they can make up to 20-30 report which is a lot of data collected already.

Being a woman co-founder in this startup ecosystem, have you had any particular difficulties dealing with gender dynamics?

I’m grateful that I have a team that is very supportive. Our co-founder is also a woman and our tech team is led by a man, and he is fine being led by two women. As women, we try to prove that nothing is different in leading. There may be limited interaction between us and the investors so we don’t know yet the ecosystem in the investor landscape towards women founders, but internally we have no issues with that. We are contacting with the stakeholders are fine with that, they will also be challenged coming from it, we are trying to figure out how to tackle it. Because I am also married, my challenge is how to balance my role as a leader in this enterprise and my role as a wife. So the challenges as a woman founder, requires time and effort in the workplace, so the challenges is between balancing the role, for me so far so good. The most important thing is communicating with your partner, so that we can find a way. As women leaders I think we should not lower our expectations of what we can achieve just because we’re women.

Do you have an tips on leadership?

I’m not a natural leader – so I need to read widely and observe from other people. I think for women and people in general who think they are not able to lead, don’t feel down, because everyone can lead. Just try to figure out what your weaknesses are, focus on your strengths, and where should you improve. Don’t be afraid to ask for help – either from your co-founders, teammates, or friends and family. As women leaders, we should not lower our expectations of what we can achieve just because we are women.

Do you have any female role models?

Sheryl Sandberg, of course. Through her book I realized that women leaders do have their own challenges but it should not hinder them to become a leader. Apart from that, I learned how to compromise with our partner without having to lower expectations on our own career aspirations.

What do you love about your work?

Since I was a child, my parents would tell me that the most important thing in life is how you can impact other people. So those values have been instilled in me from a really early age, they are what keep me going everyday knowing that our application is making a difference.

 

Metha Trisnawati: Co-founder of Sayurbox

Tell us a bit about yourself.

I’m Metha from Sayurbox which is an e-commerce platform distributing fresh, local produce and dry goods from local farmers and producers. Amanda [Susanti] and I have been doing Sayurbox since July 2016. I currently manage the operations of Sayurbox, which entails sourcing from the farmers and establishing relationships between them, managing the warehouse and logistics, and distribution of the produce.

How did you come into this partnership together?

Amanda is actually very passionate about farming. She had a farm initially, and worked together with the local farmers in the area. At the time, I had just finished my Masters degree, came back to Jakarta and met Amanda. She told me about this project she wanted to build, which sounded really exciting. So I got on board.

For a lot of urban people, living in cities means having access to all kinds of produce at the supermarket and not really having to think about where it comes from. Do you think there’s is a trend towards a renewed focus on local and seasonal produce?

We try to communicate those values to our customers. For example, we have farmer profiles on our website so the customer knows exactly where their food has come from. The response has been really good, people are really excited whenever we post on social media. This is what really excites us, to be able to reach more farmers to join our network, so we can serve more customers. People are really embracing this concept of farm-to-table fresh produce.

Having worked closely with these farmers, what are the sorts of challenges they are facing in this massive food value chain?

Logistics is one of the major challenges they are facing right now, because not many farmers have the access to it. That’s where we come in. We provide assistance with access to markets and help them manage logistics in order to distribute crops to the customers in the areas that we cover. In many farming communities, there are long supply chains which means farmers depend on parties like village traders. They have to sell their crops to the first traders to get the initial capital to grow their produce, then when harvest time comes around, they sell their produce to the first trader at the price that they’ve set. As a result, they are not able to set up a decent market for their families. We provide them with an option so that they don’t always have to sell to their first trader, instead they can sell to us for a fair price, and we can help distribute to the consumers and the market.

Have you experienced any major challenges in setting up Sayurbox?

Again, in terms of logistics, we have had to build the operational system by ourselves. Initially it was about approaching the farmers and building a relationship and gaining their trust. They were just used to selling their crops to village traders, so it was intimidating for them at first to see strangers coming into their village. Lots of the challenges that we face from the start is mostly the operational challenges, identifying how we can help these farmers and efficiently distribute their crops. It keeps us going though, knowing that there are a lot of opportunities to tackle these issues, and get as many farmers on board as possible.

And being two women founders, have face you faced any gender biases in your career?

Luckily not really. Everyone that we have met on our journey with Sayurbox have been really helpful. They don’t focus on the fact that we are two women, but there is definitely still that stigma of ‘Can you actually do this?’ Because as a woman in Indonesia, and in society more generally, there’s that idea that you need to have a family and do all these things by a certain age. I personally don’t have those kinds of issues. But they are still very much prevalent within society. At Sayurbox we really try to encourage women, in fact 80% of our team are women. We try to build a culture for women where we are supportive of each other. For example, if one of our women employees needs to take care of their children at home, they have the option of working from home. That way they can achieve that balance between work and family life.

What do you love most about the work you do?

For me, it’s the people I have met. Getting to meet the farmers has always been my favourite thing. Whenever we go for sourcing, I get to travel, learn how they grow their produce, talk with them about their life on the farm and the challenges that they are facing. It’s incredible to see their passion for growing food. The feeling you get when you talk to them – you can see their genuinity, and the love they put into growing their fruits and vegetables. They work very hard. We also employ mothers in our warehouse, who work for us during their free time to earn extra cash for their families. They pack, pick and check the quality of the produce. It’s a very satisfying feeling getting to work closely with different people.

What’s one piece of advice you would say to young women entrepreneurs?

Just do it. Don’t be afraid or be limited by the stigmas within society. Just have the courage to explore. I personally don’t have a background in farming or agriculture, but having met Amanda and seeing how passionate she is makes me want to learn more. There are always going to be challenges – just believe in yourself, try your best and you will go a long way.