Journal of Social Research
Vol. 1 No. 12 (2022): Journal of Social Research

Implementation of Savings and Loans Business in Village-Owned Enterprises (Bumdes) Based on Government Regulation Number 11 of 2021 Concerning Village-Owned Enterprises

Iwan Pane (Faculty of Law, Labuhanbatu University)
Muhammad Yusuf Siregar (Faculty of Law, Labuhanbatu University)
Wahyu Simon Tampubolon (Faculty of Law, Labuhanbatu University)



Article Info

Publish Date
01 Dec 2022

Abstract

Background: The seriousness of the Government in building social welfare is evidenced by the creation of Law Number 6 of 2014 concerning Villages. In the mandate of Law Number 6 of 2014 regarding Villages, the Government has created a program to alleviate poverty. Namely, the establishment of Village-Owned Enterprises (BUMDes) is a village-owned enterprise established by the village government whose capital, the village government, and the community carry out ownership and management. The existence of BUMDes is expected to move the wheels of the economy in the village. Objective: This research belongs to the normative type of research. So it can be known that the implementation of credit agreements with Village-Owned Enterprises (Bumdes) in Indonesia allows economic turnover in villages where there are Village-Owned Enterprises. Method: This research belongs to the normative type of research. So it can be known that the implementation of credit agreements with Village-Owned Enterprises (Bumdes) in Indonesia allows economic turnover in villages where there are Village-Owned Enterprises. Result: It can be said that the creditor in the credit relationship with the debtor within the time and conditions mutually agreed upon can return or repay the credit in question. Conclusion: Based on the results of research and discussion, the implementation of credit agreements with Village-Owned Enterprises (Bumdes) in general in Indonesia, it is allowed for an increase in economic turnover in villages where there are Village-Owned Enterprises.

Copyrights © 2022






Journal Info

Abbrev

ijsr

Publisher

Subject

Humanities Computer Science & IT Economics, Econometrics & Finance Education Social Sciences

Description

The Journal of Social Research is a double blind peer-reviewed academic journal and open access to social and scientific fields. The journal is published monthly by International Journal Labs. The Journal of Social Research provides a means for sustained discussion of relevant issues that fall ...