Micro Financing Optimalization Strategy for MSMEs Development (Case Study at Kabupaten Bogor, Indonesia)
04 May 2018-Journal of Business and Entrepreneurship (Graduate Program of Management and Business, Bogor Agricultural University)-Vol. 4, Iss: 2, pp 161-161
TL;DR: In this article, the authors used logistic regression and rank test marked Wilcoxon to identify factors influencing access of micro finance and, impact of micro financing and to formulate strategy in optimizing micro finance for MSMEs in Bogor Regency.
Abstract: MSMEs have a great number of important roles in the economy of a country and should be developed and empowered. The main thing needed in the effort to boost the performance of MSME is support in terms of business funding. The impact of microfinance should be optimized through the appropriate strategies of all parties involved. Through appropriate microfinance strategies, MSMEs are expected to experience significant growth. The purpose of this research is to identify factors influencing access of micro finance and, impact of micro financing and to formulate strategy in optimizing microfinance for MSMEs in Bogor Regency. The primary data obtained from the owners of MSMEs of bag and footwear industries was were analyzed using logistic regression and rank test marked Wilcoxon. The primary data from the experts were analyzed using AHP method. The results showed that the factors that influence access to microfinance are monthly profits, total assets and savings access. Microfinance has a positive impact on almost all aspects of MSME performance. The right strategy to optimize microfinance is the CSR partnership financing program. Keywords: AHP, micro financing, MSMEs, Wilcoxon
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23 May 2019
TL;DR: In this paper, the impact of business planning for the development of MSMEs is investigated. And the results show that proper business planning and the application of a good marketing strategy have a positive impact on the sustainability of the MSME activities and the quality of production that has a competitive advantage is also one of the driving factors.
Abstract: This study aims to determine the impact of business planning for the development of MSMEs. The research method uses is a qualitative method with a descriptive and explorative descriptive approach. From the results of the research conducted, the results show that proper business planning and the application of a good marketing strategy have a positive impact on the sustainability of MSME activities. In addition, the quality of production that has a competitive advantage is also one of the driving factors. For the development of MSMEs, there are several obstacles faced, especially related to capital and guidance from the local government. With the development of MSMEs, it is expected to improve people's welfare, including helping the government in reducing unemployment.
1 citations
Cites background from "Micro Financing Optimalization Stra..."
...In developing the national economy, the Indonesian government issued policies relating to MSMEs as a top priority to reduce poverty and increase community income [1]....
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23 May 2019
TL;DR: In this paper, the impact of business planning for the development of MSMEs is investigated. And the results show that proper business planning and the application of a good marketing strategy have a positive impact on the sustainability of the MSME activities and the quality of production that has a competitive advantage is also one of the driving factors.
Abstract: This study aims to determine the impact of business planning for the development of MSMEs. The research method uses is a qualitative method with a descriptive and explorative descriptive approach. From the results of the research conducted, the results show that proper business planning and the application of a good marketing strategy have a positive impact on the sustainability of MSME activities. In addition, the quality of production that has a competitive advantage is also one of the driving factors. For the development of MSMEs, there are several obstacles faced, especially related to capital and guidance from the local government. With the development of MSMEs, it is expected to improve people's welfare, including helping the government in reducing unemployment.
1 citations