Konstantinus Patti Sanga
Nusa Nipa University

Published : 2 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 2 Documents
Search

Optimizing Financial Governance in Improving the Performance of the Plelu Meluk Wolokoli Kopdit Savings and Loan Cooperative Patrisius Woi; Konstantinus Patti Sanga; Pipiet Niken Aurelia
Neo Journal of economy and social humanities Vol 3 No 3 (2024): Neo Journal of economy and social humanities
Publisher : International Publisher (YAPENBI)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56403/nejesh.v3i3.238

Abstract

This study aims to find out the optimization of financial governance in improving the performance of credit cooperatives in KSP Plelu Meluk Wolokoli. This research focuses on how the internal and external factors of savings and loan cooperatives are managed in cooperative institutions that are closely related to cooperative members. This study uses a qualitative descriptive method. An interview was conducted with the management of KSP Kopdit Plelu Meluk Wolokoli. The results of the study show that KSP Kopdit Plelu Meluk Wolokoli is considered not optimal in realizing the annual budget planned through mutual agreement. KSP Kopdit Plelu Meluk Wolokoli is considered not optimal in financial audit because the implementation of financial audit (KSP Supervisor Kopdit Plelu Meluk Wolokli) the audit is not as routine and not by the rules set. KSP Kopdit Plelu Meluk is also considered not optimal in managing assets and residual business results (SHU).
Management of Bad Loans and Their Impact on Financial Performance at KSP Kopdit Suru Pudi Koting Maria Dafrosa Nadyatrix Wisang; Maria Nona Dince; Konstantinus Patti Sanga
Neo Journal of economy and social humanities Vol 3 No 4 (2024): Neo Journal of Economy and Social Humanities
Publisher : International Publisher (YAPENBI)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56403/nejesh.v3i4.244

Abstract

This study aims to determine the management of bad loans and their impact on financial performance at KSP Kopdit Suru Pudi Koting. Descriptive qualitative data is used in this study. The qualitative data used in this study were obtained through interviews and observations. This interview was conducted with 1 administrator, 3 employees, and 1 General Manager at KSP Kopdit Suru Pudi Koting. The data used are data on the number of bad loans and data on the impact on financial performance. The results of the study show that KSP Kopdit Suru Pudi has implemented various strategies for managing bad loans, including rescheduling, routine collection, and good communication with members. Bad loans have a significant impact on the financial performance of cooperatives, especially in terms of assets and Residual Operating Results (SHU). KSP Kopdit Suru Pudi has recorded bad loans by separating the categories of current and non-current receivables in financial statements. Provisions for receivables loss reserves are also made to anticipate potential losses due to bad loans.