Saturday, 20 April 2024

Theodore Permadi Rachmat, Founder, Triputra Group

Indonesia

Champion's Profile

Theodore Rachmat founded Triputra Group in 1998; it now has four business lines, including agribusiness, manufacturing and mining.

UNDP SDG

Quality Education

Description and impact

Mining and agribusiness tycoon Rachmat has since 2018 donated nearly $5 million toward his A&A Rachmat Compassionate Service Foundation, which supports educational opportunities, healthcare and orphanages. Launched in 1999 as a scholarship fund, the foundation has awarded scholarships to 21,000 recipients over the years, with Rachmat contributing $12.5 million. To ensure that students stay in school and learn effectively from an early stage, the foundation also organizes annual training programs for primary school teachers. In 2005, it expanded into healthcare with the Theodore ‘Teddy’ Rachmat foundation has providing funds for many clinics in various areas in Indonesia, which are used to but medical supplies and medicine. So far, there are 32 clinics in various areas in Indonesia that are funded by Teddy’s money, and these clinics have been successfully provided health services with more affordable costs to low income patients. These clinics provide super cheap healthcare services; for example, a patient can come and receive health services with only IDR 5,000 (around 50 cents) to IDR 20,000 (around $2) per visit to get consultation, diagnosis and medicine.