Wednesday, 24 April 2024

Putera Sampoerna, Founder Putera Sampoerna Foundation

Indonesia

Champion's Profile

Net worth $1.8 billion (2016) Putera Sampoerna is an Indonesian businessman. He is the founder of Putera Sampoerna Foundation (PSF) is a social business institution in Indonesia. PSF is a consultant for, and operator of, corporate social responsibility programs.

UNDP SDG

Corporate Social Responsibility

Description and impact

In 2001, tobacco heir Putera Sampoerna established the Putera Sampoerna Foundation (PSF). PSF is chaired by Michelle Sampoerna. As of a 2012 press release, PSF has disbursed more than 34,600 scholarships, organized workshops for more than 19,000 teachers and headmasters, and adopted 23 public schools and 5 Islamic elementary schools. The Foundation has 4 focuses of influence: quality education for high-achieving, but underprivileged students, job creation through entrepreneurship development programs, public enlightenment through the empowerment of women, and the distribution of aid and relief programs for compassionate and disaster relief. The Putera Sampoerna foundation launched Mekar in 2017 to distribute wealth where it is needed most by providing access to finance for small business in Indonesia through a business model which reaches offline and unbankable businesses and connects them with online wealthy lenders.