scholarly journals DEVELOPMENT STRATEGIES OF SMALL MEDIUM MICRO ENTERPRISES (SMEs) LOW-INTEREST LOANS

AdBispreneur ◽  
2016 ◽  
Vol 1 (2) ◽  
Author(s):  
Zakiatuzzahrah .
Keyword(s):  
Venture Capital ◽  
National Economy ◽  
Development Strategies ◽  
Bank Credit ◽  
Strategy Development ◽  
Equal Distribution ◽  
Business Cases ◽  
The Government ◽  
Distribution Of Income ◽  
Micro Enterprises

ABSTRACT  The presence of SMEs not only in order to increase revenue but also to ensure equal distribution of income. This is understandable because the SMEs sector involves a lot of people with a variety of business  cases.  The  government  expects  an  independent  and  resilient  SMEs  can  flourish  and encourage  regional  and  national  economy.  Support  for  SMEs  must  of  course  be  immediately supported by the easiness for SMEs in obtaining venture capital. With the SMEs loans will increase the pace of the economy, which in turn will increase the prosperity and welfare. Keywords : strategy, development, UMKM, bank credit.   STRATEGI PENGEMBANGAN USAHA UMKM MELALUI KREDIT BUNGA RENDAH ABSTRAK  Kehadiran UKM bukan saja dalam rangka peningkatan pendapatan tapi juga dalam rangka pemerataan pendapatan. Hal ini bisa dimengerti karena sektor UKM melibatkan banyak orang dengan beragam usaha. Pemerintah mengharapkan UMKM yang mandiri, tangguh dapat berkembang, mendorong perekonomian regional serta nasional. Dukungan terhadap UMKM ini tentunya harus segera diwujudkan dengan cara memberi kemudahan-kemudahan bagi UMKM dalam mendapatkan modal usaha. Dengan adanya kredit UKM akan meningkatkan laju perekonomian, sehingga pada akhirnya akan meningkatkan kemakmuran dan kesejahteraan rakyat. Kata kunci : strategi, UMKM, kredit perbankan.

scholarly journals EFEKTIVITAS PROGRAM BANTUAN PEMERINTAH BAGI USAHA MIKRO DI KABUPATEN PONOROGO

2021 ◽  
Vol 1 (2) ◽  
pp. 233-246
Author(s):  
Nida Faizatul Mustofa ◽  
Ratna Yunita
Keyword(s):  
Research Program ◽  
National Economy ◽  
Field Method ◽  
Qualitative Approach ◽  
Economic Sector ◽  
Government Assistance ◽  
Assistance Program ◽  
Integration Measure ◽  
The Government ◽  
Micro Enterprises

One of the government's efforts to overcome the COVID-19 pandemic which has affected several sectors, one of which is the economic sector, is by launching the Government Assistance for Micro Enterprises (BPUM) program. This BPUM aims to support and maintain the sustainability of micro-enterprises as well as a form of saving the national economy during the COVID-19 pandemic that threatens the national economy. This program was only issued during the 2019 covid pandemic, so it is still very new and there is still not much research on this program. The problem in this research is how the effectiveness of achieving the objectives, integration, and adaptation of the Government Assistance for Micro Enterprises (BPUM) program is. This research program uses a field method using a qualitative approach and uses a descriptive type of research. The results of the research are, firstly, the measure of achieving the goals has not been effective because the targets have not been fully accurate and the management of aid funds is still not in accordance with the objectives. Second, the integration measure has not been effective because there is no socialization from related parties to the prospective recipients of the BPUM program. And third, the adaptation measure has not been effective either because the implementing party did not conduct monitoring before or after receiving this assistance program. Salah satu upaya pemerintah dalam mengatasi pendemi covid-19 yang mengakibatkan beberapa sektor terdampak, salah satunya sektor perekonomian yaitu dengan mencanangkan program Bantuan Pemerintah bagi Usaha Mikro (BPUM). BPUM ini bertujuan untuk mendukung dan menjaga keberlangsungan usaha mikro serta sebagai bentuk penyelamatan ekonomi Nasional pada masa pandemi covid-19 yang mengancam perekonomian Nasional. Program ini baru dikeluarkan pada saat pandemi covid tahun 2019, sehingga masih sangat baru dan masih belum banyak penelitan tentang program ini. Permasalahan dalam penelitian ini adalah bagaimana efektivitas pencapaian tujuan, integrasi, dan adaptasi program Bantuan Pemerintah bagi Usaha Mikro (BPUM). Program Penelitian ini menggunakan metode lapangan dengan menggunakan pendekatan kualitatif dan menggunakan jenis penelitian deskriptif. Hasil penelitian yaitu, pertama pada ukuran pencapaian tujuan belum efektif dikarenakan target sasaran belum sepenuhnya tepat serta pengelolaan dana bantuan yang masih belum sesuai dengan tujuan. Kedua, pada ukuran integrasi belum efektif karena tidak adanya sosialisasi dari pihak terkait terhadap calon penerima program BPUM. Dan ketiga, pada ukuran adaptasi juga belum efektif karena pihak pelaksana tidak melakukan pemantauan sebelum maupun sesudah menerima program bantuan ini.

scholarly journals ACCOUNTING FOR CREDIT OPERATIONS IN BANKS UNDER THE COVID-19 PANDEMIC CONDITIONS

2021 ◽  
Vol I (81) ◽  
pp. 84-101
Author(s):  
Yulia Manachynska ◽  
◽  
Volodymyr Yevdoshchak ◽  
Keyword(s):  
Interest Rates ◽  
National Economy ◽  
Small Businesses ◽  
System Analysis ◽  
Research Abstract ◽  
Balance Sheet ◽  
Bank Credit ◽  
Accounting System ◽  
Micro Enterprises ◽  
Legal Entities

The period of corona crisis prompted the emergence of new challenges for domestic corporate and individual businesses. In particular, small, medium-sized businesses and micro-enterprises experienced a significant lack of financial resources and an urgent need for credit funds. For the first time in history the banking system of Ukraine provided support ACCOUNTING, ANALYSIS AND AUDIT Issue I (81), 2021 85 on the appropriate lending level to both the corporate sector and individual borrowers during the crisis. The Cabinet of Ministers of Ukraine has developed and actively implemented in practice the Program “Affordable Loans 5-7-9%” by a number of banks which has become a kind of impetus to support small and medium enterprises. For the year of the COVID-19 pandemic during the quarantine regime banks have successfully and timely conducted restructuration, as evidenced by the Report on the Comprehensive Program Implementation for the Ukrainian Financial Sector Development in 2020. The information base for timely credit operations recording by banks is the traditional bank accounting system, which is implemented by modern, specialized banking software through the prism of balance sheet accounts in the context of the national economy comprehensive digitalization. This, in its turn, determines the study relevance. The purpose of the article is to study and substantiate the peculiarities of accounting for bank credit operations to small, medium-sized businesses and micro-enterprises in the context of the COVID-19 pandemic. In the research process general scientific theoretical methods of cognition were used: system analysis – to clarify the main categories of research; abstract-logical method – to conduct theoretical generalizations and conclusions about the current level of lending to corporate and individual borrowers by banks, tabular method – to visualize the typical correspondence of accounts for fixing in the accounting system of bank credit operations to corporate and individual borrowers, as well as schedules formation for loan repayment. The article substantiates modern approaches to the classification of bank loans, identifies the features of documenting credit transactions for legal entities – borrowers. The specifics of lending methods and forms of loan accounts at banking institutions are revealed. The accounts characteristics used for the accounting of operations on bank clients’ crediting are provided. On the example of JSC “Oschadbank” the authors reveal the main aspects of the credit case formation, specifics of interest accruing on loans method, as well as commissions and features of bank credit operations reflection in accounting. The necessity for further lending to domestic medium and small businesses, except for vulnerable industries, at low interest rates by banks in order to successfully overcome crisis manifestations in the economy and to attain national economy revival as a whole has been proved. The peculiarities of banks credit operations accounting for small and medium business as well as micro-enterprises of Ukraine are comprehensively and broadly substantiated. It enables to follow the loan issuance algorithm, such procedure documentation, interest accrual method and specifics of their reflection in the accounting system as the main source for domestic entrepreneurship financial support in the context of the COVID-19 pandemic. Prospects for further research consists of theoretical and practical justification of the need for legal entities and individuals comprehensive refusal from cash turnover; directing efforts to further digitalization and country's population transition to online bank payments; directing the settlement and payment discipline to non-cash turnover; substantiation of accounting reflection peculiarities of such settlement operations between individuals and legal entities in the banks accounting system in the context of IFRS.

scholarly journals FINANCIAL PROBLEMS OF MICRO, SMALL, MEDIUM AND LARGE COMMERCIAL ENTERPRISES IN LATGALE

2011 ◽  
Vol 1 (3) ◽  
pp. 60
Author(s):  
Tālis Freimanis ◽  
Biruta Garanča
Keyword(s):  
Future Development ◽  
National Economy ◽  
Bank Loans ◽  
Average Level ◽  
Financial Problems ◽  
Balanced Development ◽  
Financial Condition ◽  
The Government ◽  
Micro Enterprises ◽  
Large Enterprises

In the conditions of crisis the government began to stimulate the formation of micro commercial enterprises. As the result the number of micro enterprises in Latgale remained at the pre-crisis level, whereas the number of small, medium and large enterprises decreased. Balanced development of the national economy presumes development of enterprises of all size, which mainly depends on their financial condition. The study aims at investigating the financial condition of micro and small as well as medium and large enterprises to find out the possibilities of their future development taking into account their capacities to raise their own capital and attract capital from outside including bank loans, thus diminishing Latgale’s lagging behind the Latvian average level.

Strategi Pengembangan Kelompok Wanita Tani pada Optimalisasi Lahan Pekarangan di Desa Wonogiri

2018 ◽  
Vol 1 (1) ◽  
pp. 34-43
Author(s):  
Nindy Danisa Wulandari
Keyword(s):  
Government Regulation ◽  
Descriptive Analysis ◽  
Development Strategies ◽  
Women Farmers ◽  
Quantitative Descriptive Analysis ◽  
Self Reliance ◽  
The Government ◽  
Quantitative Descriptive ◽  
The One ◽  
Purposive Sample

Development of food security implemented to meet the human basic needs that provide benefits fairly and equitably based on self – reliance, and not contrary to public faith. Referring to the government regulation No 22 of 2009 concerning Food Consumption Diversification Acceleration (P2KP). However, it is not supported by the development of women farmers. The method use in this research is quantitative descriptive analysis using SWOT (Strength, Weakness, Opportunity and Treath). The samples in this study is the purposive sample. Result of a study showed the amount of income earned from the group of women farmers in the one month is 150,000/ members. Proper development strategies used in the development strategies used in the development KWT Melati is a Growth Oriented Strategy is very profitable strategy to seize opportunities with the strength. Pembangunan ketahan pangan dilaksanakan untuk memenuhi kebutuhan dasar manusia yang memberikan manfaat secara adil dan merata berdasarkan kemandirian, dan tidak bertentangan dengan keyakinan masyarakat. Mengacu pada Peraturan Pemerintah No 22 Tahun 2009 mengenai Percepatan Penganekaragaman Konsumsi Pangan (P2KP). Namun, hal ini tidak didukung dengan adanya pengembangan kelompok wanita tani. Metode yang digunakan dalam penelitian ini adalah deskriptif kuantitatif dengan menggunakan analisis SWOT (Strength, Weakness, Opportunity and Treath). Penentuan sampel dalam penelitian ini adalah dengan sampel purposive. Hasil penelitian menunjukan besaran pendapatan yang diperoleh dari adanya kelompok wanita tani dalam satu bulan adalah Rp.150.000/bulan/anggota. Strategi pengembangan yang tepat digunakan dalam pengembangan Kelompok Wanita Tani (KWT) Melati adalah Growth Oriented Strategy.

Intra-sectoral and Intersectoral Parity Issues in Pricing of Agricultural Crops: A Preliminary Analysis

1987 ◽  
Vol 26 (4) ◽  
pp. 401-417
Author(s):  
Sarfraz K. Qureshi
Keyword(s):  
Preliminary Analysis ◽  
Agricultural Sector ◽  
Terms Of Trade ◽  
Agricultural Crops ◽  
Allocation Of Resources ◽  
Price Determination ◽  
Policy Makers ◽  
The Government ◽  
Distribution Of Income ◽  
Over Time

Intersectoral terms of trade play a cruc1al role in determining the sectoral distribution of income and resource allocation in the developing countries. The significance of intra-sectoral terms of trade for the allocation of resources within the agricultural sector is also widely accepted by research scholars and policy-makers. In the context of planned development, the government specifies production targets for the agricultural sector and for different crops. The intervention of government in the field of price determination has important implications for the achievement of planned targets. In Pakistan, there is a feeling among many groups including farmers and politicians with a rural background that prices of agricultural crops have not kept their parities intact over time and that prices generally do not cover the costs of production. The feeling that production incentives for agriculture have been eroded is especially strong for the period since the early 1970s. It is argued that strong inflationary pressures supported by a policy of withdrawal of government subsidies on agricultural inputs have resulted in rapid increases in the prices paid by agriculturists and that increases in the prices received by farmers were not enough to compensate them for the rising prices of agricultural inputs and consumption goods.

The Zoning System for Strategy Development of SMEs Go Online: A Literature Review

2018 ◽  
Author(s):  
Sumitro Sarkum
Keyword(s):  
Development Strategy ◽  
Online Marketing ◽  
Strategy Development ◽  
Future Research ◽  
Information And Communication ◽  
Qualitative Descriptive ◽  
The Government ◽  
Market Needs ◽  
Marketing Information ◽  
Relationship Of

This study aims to figure out what the relationship of empowerment of SMEs through methods of zoning as marketing strategy of SMEs in two different markets (offline and online). The zoning strategy with information and communication system integrated brings together socialization and promotion in a market. This system can help the government in taking and formulating policies to unite SMEs in a new market by not leaving the old market. The method in this study uses qualitative descriptive. There are three propositions produced in this initial research, the first; Offline and online marketing is very relevant for SMEs in Indonesia. Second; marketing information system is access for SMEs to find out the demand or market needs both domestically and internationally. And third; The zoning system can be used as an online development strategy for SMEs to synchronize two different markets, namely offline and online. Further research is needed to validate the propositions found, to generate hypotheses and empirical evidence, we recommend using mix methods for future research.

Mobile Value Added Services in Fiji

2017 ◽  
Vol 25 (2) ◽  
pp. 1-14
Author(s):  
Milind Sathye ◽  
Biman Prasad ◽  
Dharmendra Sharma ◽  
Parmendra Sharma ◽  
Suneeta Sathye
Keyword(s):  
Mobile Phones ◽  
Emerging Economies ◽  
Value Added ◽  
Policy Framework ◽  
Business Growth ◽  
Structured Interviews ◽  
Policy Initiatives ◽  
The Government ◽  
Institutional Drivers ◽  
Micro Enterprises

While mobile phones are making significant inroads in many developing countries, little is known about the institutional drivers, policy barriers and industry challenges that affect their use for business growth of micro- enterprises. The authors address this gap. After conducting semi-structured interviews of 74 women-owned micro entrepreneurs and ten key informants from the government and industry in Fiji, the authors found that appropriate policy framework, supporting infrastructure and appropriate ecosystem are required for rapid uptake of mobile value added services by women-owned micro entrepreneurs. They contribute by proposing a revised technology adoption framework as well as the four shackles theory of women micro entrepreneurs' empowerment and emancipation. The authors also highlight the policy initiatives necessary to accelerate the growth of women-owned micro enterprises by mobile value added services which could also guide other developing and emerging economies.

scholarly journals Features and trends of offenses in economic activity

2020 ◽  
Vol 2 (2) ◽  
pp. 309-316
Author(s):  
Olena Parshyna ◽  
Yuriy Parshyn
Keyword(s):  
Monitoring System ◽  
National Economy ◽  
Economic Activity ◽  
Negative Impact ◽  
Well Being ◽  
Research Subjects ◽  
Systematic Analysis ◽  
The Government ◽  
Complex Monitoring ◽  
Economic Crimes

Offenses have a negative impact on the socio-economic development of the country and make a threat to the security of the national economy. Systematic analysis of the offenses in the sphere of economic activity with the quantitative as-sessment of their reimbursement and identification of the main trends during the research has been carried out. The offenses in the field of economic activity are the object of the research. The research subjects are scientific, methodological and applied aspects of the offenses analysis in relation to the main types of economic activity in the national economy. It has been noted that the criminal situation in our country is characterized by increasing in the economic crimes. Economic crimes are becoming systematic and have organized character. The high level of correlation between the unemployment situation and the negative crimes trends has been discovered. Economic crimes include economic, political, legal, socio-psychological and organizational reasons and conditions. The complex monitoring system in order to solve problem of the combating economic crimes has been proposed. The effectiveness of such system can be achieved in two main ways. The first way concerns the development of measures that is aimed at the economic crimes preventing. Thus, we have the reduction of the crimes number. The second way involves the development of measures for the disclosure of the committed offenses of economic nature and the achievement of full reimbursement for the incurred losses. However, an important component of the complex system should be the ability to monitor, forecast and identify these sectors of the economy in which the possible offenses in the strategic foresight should be expected. The continuous monitoring with forecasting enables to develop and implement the appropriate preventive measures. Studies of the economic activities with their efficiency in the formation of GDP of Ukraine have been conducted. Dynamics of the committed offenses on the types of economic activity has been analyzed. The quantitative assessment of the material losses reimbursement of these offenses has been provided. The main causes of the committed offenses in the economic sectors have been considered. The national measures for the prevent economic crimes are: strengthening of the role and increasing of the trust to the government and its institutions; paradigm shift of the decision-making mechanism in the field of credit and financial system; development of the special mechanisms for preventing of the destabilizing tendencies both at the level of regional development and at the level of national economy. The complex monitoring system allows to identify sectors of the national economy in the aspect of strategic forecasting. Monitoring enables to develop the preventative measures which are aimed at the improving of the environment, creating of the preconditions for the economic growth and improving of the well-being of population.

scholarly journals Peran Negara dalam Perekonomian (Tinjauan Teoritis Kebijakan Fiskal dalam Ekonomi Islam)

2017 ◽  
Vol 13 (2) ◽  
pp. 288
Author(s):  
Syaakir Sofyan
Keyword(s):  
Fiscal Policy ◽  
The State ◽  
Public Welfare ◽  
Community Life ◽  
Economic Stability ◽  
State Budget ◽  
Policy Objective ◽  
Form Of Government ◽  
The Government ◽  
Distribution Of Income

Indonesia is a state based on law and adopts welfare. Thus, the state has an obligation and responsibility to realize public welfare as stated in the fourth paragraph of Undang-Undang Dasar (UUD) Negara Republik Indonesia 1945. In achieving these objectives, the government must play an important role in various aspects of community life, especially in the economy. One form of government intervention, namely in fiscal policy by adjusting the state revenues and expenditures in the state budget. In Islamic economics, fiscal policy objective is to create economic stability, high economic growth and equitable distribution of income, coupled with the other objectives contained in the rules of Islam

scholarly journals THE PARADIGM OF ECONOMIC ENERGY SECURITY BY ORIENTATION ON RENEWABLE ENERGY SOURCES

2020 ◽  
pp. 114-125
Author(s):  
Tetyana DERKACH ◽  
Denys CHEBANENKO
Keyword(s):  
Renewable Energy ◽  
National Economy ◽  
Energy Security ◽  
Renewable Energy Sources ◽  
Energy Sector ◽  
Economic Feasibility ◽  
Energy Sources ◽  
Energy Prices ◽  
Equal Distribution ◽  
The Impact

Introduction. The topic of renewable energy today is one of the most relevant and requires consideration from the point of view of all components of this process, namely economic, financial, environmental, technological, and others. The transition to renewable energy is already irreversible today since natural resources are depleted, fuel prices are the subject to significant fluctuations, and the stable growth of the national economy is ensured by energy security. The purpose. The purpose of the article is to analyze the volume of global energy consumption, to analyze the impact of the introduction of renewable energy sources on the development of the national economy, to ensure energy security with the depletion of hydrocarbon resources and a slight diversification of their suppliers. Results. Today the Ukrainian economy is the most energy-intensive. Unstable energy prices are a threat both to the global economy and to each country separately. Therefore, in the event of a decrease in the supply of traditional energy resources, the importing countries experience the greatest difficulties. The existing tendency in Ukraine to increase the consumption of traditional energy sources, combined with the absence of a targeted policy aimed at reducing the volume of environmental pollution, will lead to an increase in negative economic consequences. The advantage of renewable energy sources is their equal distribution throughout the country (with the exception of water resources). This feature leads to the formation of one of the main characteristics of power systems based on renewable energy sources, namely, their decentralization. It should be borne in mind that the world energy market is made up of state and non-state participants. Non-state participants are showing an upward trend. However, the state should have the greatest influence on the national energy sector. Renewable energy is an area that, in the Ukrainian context, depends on state support, namely economic and administrative incentives. The dynamics of the development of renewable energy should be combined with the balanced development of the fuel and energy sector in Ukraine. Conclusions. The process of development and transition to renewable energy needs a systematic approach. Both qualitative and quantitative approaches are needed to assess the transition to renewable energy. An effective strategy for the transition to the introduction of renewable energy technologies should be justified by economic feasibility. The transition from traditional energy to renewable sources should lead to energy security, which contributes to stable economic growth, political independence, and improving the quality of the environmental component.

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