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Journal : Income: Innovation Of Economics And Management

Risk and Benefit Analysis of Unsecured and Non-Contractual Lending Practices in the KOBATEKSI Cooperative: A Legal and Economic Perspective M. Ja'far Sodiq Maksum; M. Farid Nasrulloh
INCOME: Innovation of Economics and Management Vol. 5 No. 2 (2025): October
Publisher : LPPM Universitas KH. A. Wahab Hasbullah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32764/income.v5i2.6226

Abstract

This study examines the practice of providing unsecured loans without written agreements at KOBATEKSI Cooperative, which operates based on social solidarity in Jombang. The research highlights the tension between social values, legal certainty, and financial risk management. Internal data and interviews indicate high economic risk (NPL increased from 14% to 27% between 2022–2024) and legal risk due to the absence of formal contracts. Findings suggest that trust-based strategies are effective in small communities but insufficient as the cooperative expands. The study recommends governance reforms through simple written agreements, risk-based loan SOPs, enhanced legal and financial literacy for members, and internal mediation mechanisms. This approach aims to balance social inclusion principles with legal certainty to ensure cooperative sustainability.
Co-Authors Afif Kholisun Nasoih Afrina Hidayatul Arifah Agus Nur Ismail Agustina Sukrianingsih Ahmad Iskandar Ailam Oktadawiyah Alfaniah Alfi Qurrota Aini Amalia Restu Aninda Amalia, Rheina Futih Amin, Hafidhoh Lailiatil Ummah Anandita, Septian Ragil Anggun Wulandari Anisa, Umi Ardi Samsuri Arifin, Muhyiddin Zainul Aris, Muhammad Ansori ashar, salim Asyari , Muhammad Ridhoi Bahtiar, Yuyun Basyiroh, Nailu Ainil Candra Hermawan CHULIYATUL MUFARROHAH Darmawan, Mohammad Faridl Darmawan, Muhammad Faridl Dyah Hestiana, Annisa Eliza Verdianingsih Erika Dwi Ratnasari Fadhli, Khotim Fadilla, Syafira Nur Faidah, Risky Solikah Nur Faisol Hidayatulloh Faisol Hidayatulloh Fariha, Naela Faza Fatchulloh, Mohammad Fatikhatun Nikmatus Sholihah Febri Devita Lisgita Putri Fikry, Ulian Fitri Habibah Fitriah Nur Amanah Fodhil, Muhammad Habib Habib, Habib Hadi Saptiono Hasannudin, Nur Hendrawan, Moch. Helmi Hestiana, Annisa Dyah Hidayatulloh, Faisol Holyness Nurdin Singadimedja Huurun A'in - Ian Inayah Sari Inayaturrohmah, Inayaturrohmah Indah Ismi Hayati Indrianah, Mei Ino Angga Putra Ismail, Agus Nur Isyatir Rodliyah Mahmudah ITA RAHMAWATI Kamelia Evi Kusuma Khoiron, Aris Khoirun Nisa' Khotim Fadhli khusnul khotimah Khusnul Khotimah Khusnul Khotimah - Laelatun Naajichiyyah Laila Maghfiroh - Lailatul Fitriyah M. Aliyul Wafa M. Ja'far Sodiq Maksum M. Qoyum Zuhriawan Ma'ruf, Mochammad Mahendri, Wisnu Maksum, Mochammad Ja’far Sodiq Maksum, Mohammad Ja'far Sodiq Maksum, Muhammad Jafar Sodiq Martina Martina Mas Dhoriful Huda Maghfiroh Mei Indrianah Mela Sri Rahayu MOCH. FAIZUL HUDA Mochamad Syafiuddin Shobirin Mochammad Ma'ruf Moh. Jafar Sodiq Maksum Mohammad Ali Rosyid mohammad Ja'far Sodiq Maksum Mokhamad Choirul Muadhom Muhammad Adib Faqihudin Muhammad Ansori Aris Muhammad Badrut Tamam Muhammad Fodhil Muhammad Hasby Hasbulloh Muhammad Irfan Rumasoreng Muhammad Irvan Taufiq Muhammad Ridhoi Asyari Muhammad Rozak Muhammad Syafiuddin Shobirin Muhammad Syafiuddin Shobirin Muhibuddin, Anton Muhyiddin Zainul Arifin Munawarah Munawarah, Munawarah Munhamiroh Munhamiroh, Munhamiroh Mustafida, Livia Nailu Ainil Basyiroh Nana, Nana Nanang Khuzaini Nanang Khuzaini, Nanang Nashoikh, Afif Kholisun Nasiruddin, Mohammad Nasirudin, Mohamad Nasrullah, Muhamad Iqbal Ningrum, Ayu Septian Nurlia, Zulaikhotun Nuryadi Nuryadi Ospa Pea Yuanita Meishanti Ospa Pea Yuanita Meishanti Priyo Wahono Putri, Sania Eliza Ratnasari, Erika Dwi Rina Dian Rahmawati Riska Rahmawati Risky Solikah Nur Faidah Rissalatul Illiyin Rohimatunnisa, Shevi Rohmatul Fitriani Rossanita Truelovin Hadi Putri Safitri, Rizka Aulia Said, Rahmad Saihul Atho’ A’laul Huda Satiti, Wisnu Siwi Septi Ambar Indraningtia Sukma Septiana Khansa Afifa Sirojuddin, Didin Siti Hanik Siti Khoirun Naazilah Siti Rochmawati Sony Hidayattullah Sony Hidayattulloh Sujono Sujono, Sujono Syaifuddin Syaifuddin Taufiq, Muhammad Irvan Titik Puspasetya Puspasetya Umardiyah, Fitri Very Hakimah Via Ardiana Putri Wardatul Fuadah Amin Wisnu Siwi Satiti Wisnu Siwi Satiti Wiwid Ika Hariyanti Yusrotul Maghfiroh Zainul Arifin, Muhyiddin Zalianti, Putri Marsella Zayyana Fajar Febriana Zidan, Zainuddin Azizun Zuhal Ahmadi Zumroturrohma Dwi Apriliana