INTRODUCTION                                                                                                         

We are the “Serendipity” group, a third-year student from Universiti Malaysia Sabah Labuan International Campus, and have been given the task of doing a crowdfunding project for our International Corporate Finance subject. This project is a corporate social responsibility (CSR) between Serendipity Group, UMSKAL students with Persatuan Belia Miri (PBM) to collaborate in providing a food bank to Kompleks Kebajikan Hamidah Yakup (PERYATIM) in Miri, Sarawak. 

OBJECTIVE                                                                                                                  

The objective of this crowdfunding campaign is.

1. To raise funds for the PERYATIM orphanage in Miri, Sarawak, with the aim of providing necessary items such as food to the children residing in the orphanage. The estimated budget required is around RM 1500.00.

2. To create awareness regarding the importance and benefit of crowdfunding in promoting diversity, inclusion, and social impact by providing a platform for underrepresented groups to access funding and resources.

PEOPLE WE SERVE                                                                                                    

Our primary focus is on orphaned children from Miri. PERYATIM is a non-profit organization that provides support and assistance to orphan children in Miri. Our campaign will collaborate with Persatuan Belia Miri to raise funds to provide food banks for Kompleks Kebajikan Hamidah Yakup (PERYATIM).

                          

The Share Blessing, Feed Hope Campaign aims to raise funds RM1500 to establish a food bank for Kompleks Kebajikan Hamidah Yakup (PERYATIM) in Miri. The food bank will provide non-perishable, nutritious food items to the orphan children. Our campaign will collaborate with Persatuan Belia Miri, a local youth organization from Miri, to promote and run the campaign. We will use social media such as Facebook and Instagram to reach out to potential supporters or donators. We will provide regular updates and progress reports to our supporters.

 (Our collaborator from PERSATUAN BELIA MIRI)                   

ESTIMATED BUDGET FOR DONATION                                                                 

No.	Items	Quantity	Price Per Unit (RM)	Total (RM)
1.	Rice (10 kg)	8 Pack	28.00	224.00
2.	Cooking Oil (1kg)	35 Packet	3.50	122.50
3.	Sugar (1kg x 12)	1 Carton	-	33.50
4.	Biscuit Cracker (428g x 12)	1 Box	-	63.00
5.	Noodles (5 x 30)	20 Packet	2.80	56.00
6.	Milo (2kg)	5 Packet	37.00	185.00
7.	Egg	4 Tray	20.00	80.00
8.	Flour (850g x 12)	1 Carton	-	40.50
9.	Instant Noodles (79g)	10 Packet	5.50	55.00
10.	King Cup Sardin (425g)	10 Tin	9.00	90.00
11.	Maggi Cukup Rasa (300g)	5 Packet	8.50	42.50
12.	Marigold Evaporate Creamer (390g)	10 Tin	3.60	36.00
13.	Marigold Condensed Milk (390g)	10 Tin	3.60	36.00
14.	Maggi Tomato Sauce (475g)	5 Bottle	4.80	22.50
15.	Maggi Oyster Sauce (475g)	5 Bottle	7.50	37.50
			Total Expenses (RM)	1124.00

 

Expenses on Rewards                                                                                                  

No.	Items	Quantity	Price Per Unit (RM)	Total (RM)
1.	Gift Box (Pledge)	8 Box	17.00	136.00
2.	E- Certificate	-	-	0.00

 

Total Expenses                                                                                                             

No.	Items	(RM)
1.	Expenses for Donation	1,124.00
2.	Expenses on Rewards	136.00
4.	MyStartr Commission Fees (10%)	150.00
5.	6% service tax	90.00
	Total (RM) = 1,500.00

 

TEAM STRUCTURE                                                                                                   

LINK                                                                                                                                              

To receive your gift, please complete the Google form after making your donation. This will ensure that your gift is properly delivered to you. Thank you for your donation!

Donations RM10 and above:

https://forms.gle/EDxXZ81QBkjeoBaN7

Donations RM100 and above:

https://forms.gle/AvyiwD3VNWdDvCwE9

Conducting a crowdfunding campaign comes with various risks and challenges, including the possibility of receiving less or exceeding the donation target within the given time frame.

Insufficient Fund

If the campaign receives less than the targeted donation, it could affect the overall success of the initiative, and it may not be possible to purchase the targeted supplies. This could result in a delay, leading to the loss of the resources invested in planning and executing the campaign.

Excessive Fund

On the other hand, exceeding the donation target within the given time frame could lead to new challenges. Managing the surplus funds effectively could become a problem, and failure to do so may result in the misallocation of resources.

Donor Attention Concern

Another challenge associated with crowdfunding campaigns is the competition for donator attention. With numerous campaigns competing for donator funds, it may be challenging to stand out and capture the attention of potential donators. Therefore, developing an effective marketing and communication strategy is crucial to maximizing the reach and impact of the campaign.