scholarly journals Strengthening the MSME Through Institutional Cooperation Improvement Between MSME and Sharia Microfinance Institutions (SMFI)

2019 ◽  
Vol 17 (1) ◽  
pp. 65
Author(s):  
Darsono Darsono ◽  
Darwanto Darwanto
Keyword(s):  
Financial Institutions ◽  
National Economy ◽  
Microfinance Institutions ◽  
Limited Access ◽  
Institutional Strengthening ◽  
Small And Medium Enterprise ◽  
Institutional Cooperation ◽  
Medium Enterprise ◽  
Institutional Aspects ◽  
The Government

Micro, Small and Medium Enterprise (MSME) is one of the pillars of the national economy because of the magnitude of the contribution made by MSME. It is even mentioned that MSME is an integral part of the country's economy. MSME in Indonesia is able to absorb the labor up to 97.02%. The contribution of MSME to GDP (57.08%) and investment (53.24%) also has a larger value when compared to large businesses. But in general, MSME has limited access to financial institutions. By these problems, the government has provided special financing of MSME through Microfinance Institutions (MFI). But in its implementation, externally MFI has obstacles of institutional aspects that have an impact on the variety of the MFI forms. While SMFI has Islamic financing methods that give priority to moral, ethical, and fair so efficiently it can encourage the participation of MSME entrepreneurs to succeed. This study formulates schemes or strengthening models of MSME to increase institutional cooperation between MSME and SMFI. The institutional strengthening scheme offered is expected to increase the contribution of MSME to the national economy.

scholarly journals An Analytical Network Process on Financial Access of the Small and Medium Enterprise in Sharia Banking in Tasikmalaya City

2015 ◽  
Vol 3 (2) ◽  
pp. 19-26
Author(s):  
Asep Suryanto ◽  
Fatimah Zahra Nasution
Keyword(s):  
Financial Institutions ◽  
Small And Medium Enterprises ◽  
External Solution ◽  
Analytic Network Process ◽  
Islamic Banking ◽  
Financial Access ◽  
Small And Medium Enterprise ◽  
Network Process ◽  
Medium Enterprise ◽  
The Government

Small and Medium Enterprise (SME) is one of the significant roles in national economic development. It is seemly followed by the rise of employment absorbent and equity in income distribution. The capital constraint and the impedance of banking financial access have become the main problem to the Small and Medium entrepreneurs. The objectives of this research are to identify the main factors as problems of Small and Medium Enterprises in having access to the financial institutions, and also to find out the solutions of the research problems. This research uses qualitative approach i.e. Analytic Network Process (ANP). Through applying this method, it is expected to help the researchers in making measurement and synthesis of some factors regarding on the topic analyzed as well as finding the solution for problems faced by the SMEs. The resources of the data is derived from questionnaires and in-depth interview with experts, practitioners, SMEs and regulators which then analyzed by the structure and hierarchy into homogen clusters of the SMEs problems and solutions, measuring into ratio scale and building synthesis. As the result, it becomes clear what factors impeding the financial access of the SMEs to banks. The results of this research show that the difficulties of SMEs in accessing financial support in Islamic financial institutions are internal problems of Islamic banking i.e. lack of financial assistance given to the SMEs, the functions of Islamic banking as business partners for SMEs is not optimal. Whereas the external problems in the SMEs are the disability in meeting the financial requirements asked by Islamic banking that are collateral and business history. The internal solutions are Islamic banking must give business mentoring to SMEs that have received financial supports to minimalize the bad credits level. The external solution is the government must also socialize Islamic financial mechanism to SMEs as part of education efforts.

scholarly journals Desain Ulang Program Bantuan Dana Bergulir Di Kabupaten Sampang

2018 ◽  
Vol 1 (2) ◽  
Author(s):  
Gigih Prihantono
Keyword(s):  
Risk Management ◽  
Local Government ◽  
Public Access ◽  
Microfinance Institutions ◽  
Access To Credit ◽  
Small And Medium Enterprise ◽  
Medium Enterprise ◽  
The Government

The purpose of microcredit is to encourage the growth of small and medium enterprise business and increasing prosperity by expanding public access to credit. Sampang Regency is one of the poorest regions in the East Java, where are very few microfinance institutions which provide the loan. However, 68% of the inhabitants have a loan that originated from informal sources (moneylenders, friends, or family), while only 5% who reported having a loan in the Bank. We are trying to help the local Government of Sampang to increased access of credit by redesigning Revolving Fund program (Dagulir) owned by the Government to increase the income of small and medium enterprise business.  The results show that credit Dagulir can work widely through risk management and investment at the level of the household and not through their efforts as originally targeted.

scholarly journals Islamic Financing for Small Medium Enterprises: Challenges and Opportunities

2020 ◽  
Vol 12 (Number 2) ◽  
pp. 50-64
Author(s):  
Siti Nurain Muhamad ◽  
Wan Nur Syahida Wan Ismail ◽  
Nurul Aisyah Awanis A Rahim ◽  
Sarah Nadia Ahmad
Keyword(s):  
Financial Institutions ◽  
Islamic Banks ◽  
Slow Mode ◽  
Challenges And Opportunities ◽  
Islamic Financial Institutions ◽  
Medium Enterprise ◽  
The Government ◽  
Small Medium Enterprises ◽  
Medium Enterprises ◽  
Business Financing

This study attempts to discuss the challenges and opportunities of Islamic financing for Small Medium Enterprise (SMEs), as the Islamic finance industry's growth and SMEs are stimulated in this recent year. The government has introduced Islamic SME financing since 2012, and Malaysia has promoted it by granting a rebate for the participated parties, especially Islamic financial institutions. However, the government's opportunities are still in the slow mode to be grabbed by SMEs. With selected literature related to SMEs and Islamic financing, this study discussed SMEs and Islamic banks' practices in Malaysia. Based on the literature, several issues had to be highlighted, such as SMEs' readiness to have the opportunity with larger firms, SMEs' behaviours, and attitudes when dealing with external supports, as well as their awareness of business financing. Thus, this study highlights the challenges and real issues among SMEs and points out the opportunities for improvement that are expected to benefit SMEs and Islamic financial institutions in Malaysia.

scholarly journals Microcredit in Lebanon: First Data on Its Beneficiaries

2017 ◽  
Vol 10 (4) ◽  
pp. 32 ◽  
Author(s):  
Inaya Wahidi
Keyword(s):  
Financial Institutions ◽  
Gender Discrimination ◽  
Empirical Data ◽  
Rural Areas ◽  
Microfinance Institutions ◽  
Male And Female ◽  
Level Of Education ◽  
Low Level ◽  
The Government ◽  
Loan Officers

In Lebanon, microfinance is not specially developed. Financial institutions that allocate microcredits are NGOs that are mildly supported by the government. The activity of these institutions affects only 11.5% of the population (IFC, 2008, cited by Mayoukou et al., 2013, p.4). These authors note the lack of empirical data related to microcredit granted by microfinance institutions in Lebanon, particularly regarding the characteristics of their beneficiaries. Our study emphasizes the characteristics of beneficiaries of microcredit allocated by MFIs (microfinance institutions) in Lebanon. As a result of data obtained from MFI heads, the results seem to show that NGOs MFIs give more credit to men than to women, and a low percentage of credit goes to startups. In addition, beneficiaries have a low level of education, poor or moderately poor, and are located in rural areas. Gender discrimination in the allocation of micro-credits was highlighted on the basis of the first data processed in this work. The results of the interviews with MFI’s administrative officials seem to show that the men loan officers may distinguish between male and female beneficiaries and prefer to grant microcredit to a man. Women beneficiaries may have less information about the credits offered by them, or do not take initiative because they live in a patriarchal society. Moreover, men go through their wives to get another microcredit.

scholarly journals PERAN BANK WAKAF MIKRO DI MASA PANDEMI COVID-19

2020 ◽  
Vol 7 (9) ◽  
pp. 1731
Author(s):  
Yuninda Roro Yekti Nugrahana ◽  
Irham Zaki
Keyword(s):  
Financial Institutions ◽  
Qualitative Approach ◽  
Online Media ◽  
Microfinance Institutions ◽  
Case Study Method ◽  
Islamic Microfinance ◽  
The Government ◽  
Research Show

ABSTRAKPandemi COVID-19 menyebabkan banyak aspek yang terdampak hal tersebut memerlukan adanya bantuan yang disalurkan dari pemerintah dan lembaga keuangan guna membantu menyejahterakan masyarakat. Penelitian ini bertujuan untuk mengetahui peran  Lembaga Keuangan Mikro Syariah yaitu Bank Wakaf Mikro di masa pandemi covid-19. Penelitian ini menggunakan pendekatan kualitatif deskriptif dengan metode studi kasus. Hasil penelitian ini menunjukkan bahwa Bank Wakaf Mikro berperan dalam situasi pandemi covid-19 yaitu dengan melakukan sistem baru dalam pelayananya meliputi proses pendataan nasabah yang terdampak pandemi COVID-19, mempermudah angsurannya, memberikan fasilitas pemanfaatan media online sebagai pengembangan usaha, menutup proses pembiayaan tetapi memberikan fasilitas untuk diarahkan kepada lembaga keuangan lain.Kata Kunci: Bank Wakaf Mikro, Pembiayaan, Pandemi, COVID-19 ABSTRACTThe COVID-19 pandemic has affected many aspects. This pandemic requires the government and financial institutions to help people of the community. This research purpose to determine the role of Islamic Microfinance Institutions, namely Micro Waqf Banks during the Covid-19 pandemic. This research uses a descriptive qualitative approach with a case study method. The results of this research show that the Micro Waqf Bank plays a role in the Covid-19 pandemic situation, that's to do a new system in its services including the process of data collection of customers affected by the COVID-19 pandemic, facilitating installments, providing facilities for using online media as business development, closing the process. financing but providing facilities to be directed to other financial institutions.Keywords: Micro Waqf Bank, Financing, Pandemic, COVID-19

scholarly journals Peran Pemerintah Dalam Pembinaan Usaha Kecil Menengah Di Kabupaten Enrekang

2017 ◽  
Vol 3 (1) ◽  
pp. 01
Author(s):  
Devi Chandra Nirwana ◽  
Muhammadiah Muhammadiah ◽  
Muhajirah Hasanuddin
Keyword(s):  
Case Studies ◽  
Small And Medium Enterprises ◽  
Role Of Government ◽  
Small And Medium Enterprise ◽  
Medium Enterprise ◽  
The Government ◽  
Medium Enterprises

The study aims to know the role of government in the development of small and medium enterprises in the district of Enrekang. The kind of research that is used which is a qualitative with the type case studies. Source used in this study as many as nine people. Techniques of collecting the data used in research, the observation, interviews, and documentation. The results of this study hows that the goverment of Enrekang’s role is a facilitator, regulator, and catalyst. Measures taken by the government of Enrekang, it’s very helpful community in improving small and medium enterprise, there were some communities that have been able to grow its business, but the government of Enrekang still need to further improve the development of the business.Keyword: role, the goverment,  the founding UMKM      Penelitian ini bertujuan untuk mengetahui peran pemerintah dalam pembinaan usaha kecil menengah dikabupaten enrekang.Jenis penelitian yang digunakan  yaitu kualitatif dengan tipe studi kasus. Informan yang digunakan dalam penelitian ini sebanyak sembilan orang.Teknik pengumpulan data yang digunakan dalam penelitian ini yaitu observasi, wawancara, dan dokumentasi.Hasil penelitian ini menunjukan bahwa pemerintah kabupaten enrekang sudah menjalakan perannya yaitu sebagai fasilitator, regulator dan katalisator.Tindakan yang dilakukan oleh pemerintah kabupaten Enrekang, sudah sangat membantu masyarakat dalam meningkatkan usaha kecil menengah,sudah ada beberapa masyarakat yang sudah mampu mengembangkan usahanya, tapi pemerintah kabupaten Enrekang masih perlu untuk lebih meningkatkan pembinaan kepada pelaku usaha.Kata kunci: peran, pemerintah, pembinaan UMKM 

scholarly journals Monitoring dan Evaluasi IKM Tekstil dan Produk Tekstil di Kota Bandung

2017 ◽  
Vol 6 (1) ◽  
pp. 1
Author(s):  
Rizki Wahyuniardi ◽  
Riza Fathoni ◽  
Sidik Nurjaman ◽  
Wanda Gusdya
Keyword(s):  
Information System ◽  
Development Strategy ◽  
Industrial Sector ◽  
Online Information ◽  
West Java ◽  
Web Based ◽  
Small And Medium Enterprise ◽  
Medium Enterprise ◽  
The Government ◽  
Textile Products

<div class="page" title="Page 1"><div class="layoutArea"><div class="column"><p><span>Small and Medium Enterprise (SME) as a part of the national industrial sector has a critical influence in developing economic, social and political state of Indonesia. Therefore, the government has issued many policies, programs, and activities to enhance the development of SMEs. The absence of an online information system that shows the development of the SME cause the government has difficulty in overseeing the development of SMEs. Difficulties experienced by the government due to lack of information also in line with Law No. 3 of 2014 on Industry, precisely on Article 64 which stated that the industry is obligated to submit industry data that are accurate, complete, and timely periodically to the Minister, governors and regents/mayors. Therefore, the industry, in particular Small and Medium Enterprise (SME), requires a web-based information system that will be a tool that can be used by industry to facilitate the reporting of industrial activities. Therefore, this research aimed to develop a web- based information system for SMEs Sentra Textiles and textile products (TPT) in West Java. The system will contain information about the condition and position of SMEs Sentra Textiles and textile products (TPT) in Bandung, West Java. In addition to preparing an information system, this research will conduct an analysis of the current condition of SMEs to be taken into consideration in making the SME development strategy.</span></p><p>Keywords: evaluation, monitoring, center, information systems </p><p><span><br /></span></p></div></div></div>

scholarly journals SECURITIES CROWDFUNDING : TRANSFORMASI PEMBIAYAAN USAHA KECIL DAN MENENGAH DI INDONESIA

AdBispreneur ◽  
2021 ◽  
Vol 6 (2) ◽  
pp. 163
Author(s):  
Suryanto Suryanto
Keyword(s):  
Financial Institutions ◽  
Financial Services ◽  
Secondary Data ◽  
Qualitative Approach ◽  
The Other ◽  
Primary Data ◽  
Digital Platform ◽  
Medium Enterprise ◽  
The Government ◽  
Descriptive Method

 ABSTRACTThis study aims to analyze the transformation of small and medium enterprise (SMEs) financing in Indonesia. This research is motivated by the phenomenon of SMEs, which often face problems in financing. However, on the other hand, financial institutions find it difficult to find a database of SMEs to channel their loans. This study uses a descriptive method with a qualitative approach. Sources of data were obtained from various sources, both primary and secondary. Primary data is obtained from statements made by informants from the Financial Services Authority, the Association of Indonesian Crowdfunding Services, crowdfunding players, and SMEs that have taken advantage of crowdfunding. Meanwhile, secondary data were obtained from several published articles. The results show that the government has helped provide a source of financing for SMEs, both through banking and non-banking. However, there were several obstacles that occurred in the field, both from SMEs and financial institutions. Securities crowdfunding instruments raises new hopes for SMEs in fulfilling financing. In addition to an easy submission procedure, access can also be done via a digital platform. Penelitian ini bertujuan untuk menganalisis transformasi pembiayaan Usaha Kecil dan Menengah (UKM) di Indonesia. Penelitian ini dilatarbelakangi oleh fenomena UKM yang sering menghadapi permasalahan dalam pembiayaan. Namun, disisi lain lembaga pembiayaan kesulitan mencari database UKM untuk menyalurkan kreditnya. Penelitian ini menggunakan metode deskriptif dengan pendekatan kualitatif. Sumber data diperoleh dari berbagai sumber baik primer maupun sekunder. Data primer diperoleh dari pernyataan yang diungkapkan oleh informan dari Otoritas Jasa Keuangan, Asosiasi Layanan Urun Dana Indonesia, pelaku crowdfunding, dan UKM yang telah memanfaatkan crowdfunding. Sedangkan data sekunder diperoleh dari beberapa artikel yang telah diterbitkan. Hasil penelitian menunjukkan bahwa pemerintah telah membantu menyediakan sumber pembiayaan UKM baik melalui perbankan maupun non perbankan. Namun ada beberapa kendala yang terjadi di lapangan baik dari pelaku UKM maupun lembaga pembiayaan. Instrumen securities crowdfunding memunculkan harapan baru bagi pelaku UKM dalam memenuhi pembiayaan. Selain prosedur pengajuan yang mudah, aksesnya pun dapat dilakukan melalui platform digital.

Disruptive Innovation in Aerospace and Defense in Indian MSME

2019 ◽  
Vol 2 (2) ◽  
pp. 118-131 ◽  
Author(s):  
Shuktij Singh Rao ◽  
Arindam Banik ◽  
Ashutosh Khanna ◽  
Deepu Philip
Keyword(s):  
Case Studies ◽  
Defense Industry ◽  
Disruptive Innovation ◽  
Small And Medium Enterprise ◽  
Medium Enterprise ◽  
Inside View ◽  
The Government ◽  
Aerospace And Defense Industry ◽  
Aerospace And Defense

Various movements in the Indian aerospace and defense industry indicate that the forces of disruptive innovation have been set in motion by the Government of India with signals of change in the industry, thereby nudging it toward disruption. This case studies one such company from the micro, small and medium enterprise (MSME) sector in pursuit of disruptive innovation in the Indian aerospace and defense industry. This case introduces and explains in detail the factors of disruptive innovation in aerospace and defense industry. It gives an inside view of Indian MSME’s environmental and internal situations in the Indian aerospace and defense industry and the problems faced by an entrepreneur who is looking for using technology to create disruption in industry.

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