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Journal : Journal of Community Dedication

THE EFFECTIVENESS OF THE PEOPLE'S BUSINESS CREDIT PROGRAMME IN IMPROVING THE ECONOMIC WELFARE OF THE COMMUNITY: A LITERATURE REVIEW Rita Hayati; Sudarmo; Imam Syafei
JOURNAL OF COMMUNITY DEDICATION Vol. 4 No. 3 (2024): AGUSTUS
Publisher : CV. ADIBA AISHA AMIRA

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Abstract

KUR is a government initiative designed to provide access to capital to Micro, Small and Medium Enterprises (MSMEs) in order to encourage inclusive economic growth and job creation. This research uses the literature study method to examine the issue. The results show several important findings. Firstly, KUR has a positive impact on improving community welfare. MSMEs that obtain KUR access are able to increase production capacity, expand market coverage, and create new jobs that directly affect income and living standards. Secondly, there is an imbalance in implementation and benefits between MSMEs in urban and remote areas. More developed areas tend to enjoy greater benefits because they have more access to information and facilities than remote areas. In addition to geographical factors, the quality of MSME management also affects the effectiveness of KUR. MSMEs with better management tend to be more effective in utilising KUR funds for productive activities, while those with poor management have difficulties in optimising the use of these funds. Therefore, it is necessary to increase the access and benefits of KUR evenly across all regions along with management training assistance for MSMEs. In conclusion, KUR is an important tool to improve economic welfare through the empowerment of MSMEs. However, continuous efforts are needed in equalising access, improving the quality of management, and coordinating between stakeholders to maximise the potential benefits of KUR. Thus, this programme can become a significant pioneer in achieving inclusive economic welfare in Indonesia.
Co-Authors Abdul Muin, Juhri Abi Fadila Agus Faisal Asyha Agus Pahrudin Agus Susanti Ahmad Fauzan Ainin Najah Akbar Tanjung Akhmansyah, Muhammad Al Faruq, Abdul Aziz Almira Eka Damayanti Amiruddin Amiruddin Amiruddin Amiruddin Bachtiar, Machdum Baharudin Baharudin Baharudin, Ali Murtado Bambang Sri Anggoro Cahirul Anwar Cicik Aini Damayanti, Almira Eka Damayanti, Almira Eka Elfira Sari Erjati Abbas Erlina Erlina Fahmi, Rahmat Fathurrohman, Asep Firnando Firnando Gaffar, Fatmawati Guntur Cahaya Kesuma Happy Komikesari Hayyu Mashvufah Heru Juabdin Sada Hesti Winingsih Humammi, Hanifah Indah, Rizka Aprilia Putri Irfan Anshori Itoh Masitoh, Itoh Jaenullah Jaenullah Jaenullah, Jaenullah Janah, Siti Roudhotul Kamil, Mustofa Koderi Labib, Arfani Lutfi, Muhammad Khoirul M. Asy'ari M. Kharis Fadilah Marmin, Marmin Marwan Mashvufah, Hayyu Maulia Isnaini Muhammad Akmansyah Muhammad Kurniawan Nabil Tito Prasetyo Padila, Amalia Rahim, Rahimin Affandi Abdul Rahman, Habib Rahman, Mohammad Taufiq Rama Danti, Regilita Resti Rahayu Resti Rahayu Ria Indriani Risky Adhyaksono Risky Adhyaksono Rita Hayati Rizaldi, Adli Rizki Wahyu Yunian Putra Rofiqi Rumadani Sagala Rusiana, Riski Tri Salamayanti, Salamayanti SEPTIANA SEPTIANA Septuri Silahuddin Silahuddin Sirojudin, Rumbang Siska Andriani Siti Roudhotul Jannah, Siti Roudhotul Sudarmo Sunarto Sunarto Suryati Suryati Tanjung, Akbar Umi Hijriyah Uswatun Hasanah Wajdi, Muh Barid Nizarudin Waluyo Erry Wahyudi Wasehudin Wasehudin Wasehudin Wasehudin, Wasehudin Wasehudin, Wasehudin Widia Ningsih Wiwin Muchtar M.Hum. S.H. Wiyono Yatim, Mansur Yuberti Zahrotunnisa, Elsa Nabila