Financial Year 2008-2009 (1st April 2008—31st March 2009)
“Small Bank” Project
As we enter the 5th year of our existence, we went through the 4th year with more benefit-generating social projects we believe will give a real impact on the life of thousands of people who have experienced years of difficulty in meeting their daily needs.
In Yogyakarta, Central Java, where millions of people are still living below poverty line, we stepped into a new adventure by establishing a “people bank” commonly called “Baitul Maal wat-Tamwil” (house of tax) or “BMT” in short, with a starting capital of IDR 156 million (Indonesian Rupiah), equal to £8,700.oo.
As part of our social projects, we have managed to implement Qurbani 2009 (1430 H) in three different parts of Indonesia. We received donation from 62 persons in the UK, mostly Indonesian Muslims. Fifty six persons donated £70.oo each that made a total of £3,920.oo; two persons donated £160.oo (at £80 each); and four person donated £336.oo (at £84 each). Total donation for this project is £4,416.oo (four thousands four hundreds and sixteen pounds). Six persons had to pay more because of last minute entry that saw the price of livestock went up. 
