INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS (IJEFE)
Vol. 3 No. 3 (2026): INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS (IJEFE)

THE EFFECT OF VILLAGE FUND REALIZATION ON THE NUMBER OF BENEFICIARY FAMILIES (KPM) OF THE FAMILY HOPE PROGRAM (PKH) IN LHOKSEUMAWE CITY

Cut Naila Asyifa (Politeknik Negeri Lhokseumawe)
Indra Wijaya (Politeknik Negeri Lhokseumawe)
Hamdani (Politeknik Negeri Lhokseumawe)



Article Info

Publish Date
02 Sep 2026

Abstract

This study aims to analyze the effect of Village Fund realization on the number of beneficiary families (KPM) of the Family Hope Program (PKH) in Lhokseumawe City during the 2024–2025 periods. The study employs a quantitative approach with an associative method. Secondary data were obtained from the Lhokseumawe City Community and Village Empowerment Agency and the Lhokseumawe City Social Agency. The study population comprises all villages in Lhokseumawe City, and a saturated sampling technique was used, meaning the entire population served as the research sample. Panel data regression analysis was conducted using EViews software. The results indicate that the FEM is the most appropriate model. Hypothesis testing reveals that the realization of Village Funds does not have a significant effect on the number of PKH beneficiary families in Lhokseumawe City. This suggests that changes in the number of PKH recipients are not directly influenced by the magnitude of Village Fund realization but rather by other factors, such as the community's socioeconomic conditions, the verification and validation processes for social assistance recipients, and government policies regarding the determination of beneficiary families. This study is expected to serve as a reference for the government in optimizing Village Fund management and the implementation of social protection programs to improve community welfare.

Copyrights © 2026






Journal Info

Abbrev

IJEFE

Publisher

Subject

Economics, Econometrics & Finance

Description

INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS (IJEFE) is a scientific journal that publishes articles in the field of Business and finance that contain conceptual ideas in the fields of Economics, Accounting, Management, Business and finance. The scope is Human Resource Management, Marketing ...