Abdimas: Jurnal Pengabdian Masyarakat Universitas Merdeka Malang
Vol. 9 No. 4 (2024): November 2024

Cash waqf crowdfunding model as a source of business capital for Kelompok Usaha Warung Sejahtera

Huda, Nurul (Unknown)
Rofi'i, Muhammad (Unknown)
Gani, Ariel Nian (Unknown)
Dimitra, Dwina Reflie (Unknown)
Prastiwi, Maheswara (Unknown)
Hidayah, Taufik Nur (Unknown)
Feehily, Webryana Mendy (Unknown)



Article Info

Publish Date
30 Nov 2024

Abstract

Micro, Small, and Medium Enterprises (MSMEs) play a crucial role in Indonesia's economy, contributing significantly to the Gross Domestic Product (GDP) and providing 96.87 percent of the employment opportunities. Despite their continued growth, particularly in Tanjung Priok, MSMEs face challenges, especially in accessing capital. The Warung Sejahtera Business Group in Tanjung Priok exemplifies micro-enterprises struggling with capital limitations, market access, and a lack of digital and managerial knowledge. The community service activities focus on improving access to capital through crowdfunding waqf in collaboration with SatuWakaf Indonesia, leveraging untapped cash waqf potential to strengthen MSME production capital and stimulate local economic growth. The method used is Participatory Action Research (PAR), involving 34 participants. Pretest and post-test analyses showed a 53.17 percent average increase in understanding of waqf and SatuWakaf as alternative funding sources. The community service team has initiated cooperation with SatuWakaf Indonesia, providing initial guidance to partners on accessing waqf- based capital and creating opportunities for further collaboration. In addition, this community service activity contributed to the establishment of a cash waqf nazir institution, this institution can be a place for cash waqf crowdfunding to help meet the capital needs of MSMEs.

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Journal Info

Abbrev

jpkm

Publisher

Subject

Humanities

Description

ABDIMAS: Published by Institute for Research and Community Services (Lembaga Penelitian dan Pengabdian kepada Masyarakat (LPPM)) University of Merdeka Malang as the implementation of science, technology, economics, environment, and social in empowering the community. ABDIMAS: Jurnal Pengabdian ...