Neo Journal of economy and social humanities
Vol 3 No 4 (2024): Neo Journal of Economy and Social Humanities

Management of Bad Loans and Their Impact on Financial Performance at KSP Kopdit Suru Pudi Koting

Wisang, Maria Dafrosa Nadyatrix (Unknown)
Maria Nona Dince (Unknown)
Konstantinus Patti Sanga (Unknown)



Article Info

Publish Date
05 Mar 2025

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.

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Journal Info

Abbrev

Nejesh

Publisher

Subject

Humanities Economics, Econometrics & Finance Social Sciences

Description

journal principles aimed at publishing scientific works resulting from research, development and literature studies in the field of economics and social humanities, and Scope this journal: Macro and micro economics Accounting, Banking, Taxation, Human Resource Management, Administration Marketing, ...