Capital Access For Micro Small Medium Enterprises

Evi Christine Tambunan, Kamaludin Enuh, Ubaidullah Ubaidullah, Mariati Tamba

Abstract


Along with the development, various factors are needed including in terms of capital which must be continuously fulfilled to continue distribution activities from producers to consumers. Ease of access to capital for MSMEs includes the ease of requirements in applying for formal financing so that business people do not choose personal or non-formal loans which can be said to have less stable capital availability. These easy requirements, even accompanied by light financing services, greatly encourage business people to develop their businesses so that they continue to receive circular financing. The research uses literature research. The data collection method used is the documentation method. The data analysis emphasis on disclosing the content (essence) aspects of several existing propositions. Furthermore, this method is the nature of the review of various theories and analyses. The results of his research SME usually use business capital from personal pockets or joint capital with partners at the beginning of establishing a business. MSMEs are important because compared to large companies, external sources of MSME financing are limited in terms of supply and demand. Business capital can also be interpreted from various aspects, namely capital for the first time to open a business, capital to expand the business, and capital to run daily businesses obtained from the investment model and working capital. MSME constraints on bank credit can be viewed from the demand and supply side. Efforts are being taken to increase the use of credit facilities from banking institutions by micro, small and medium enterprises by increasing access to banking to obtain credit facilities for MSMEs, strengthening MSMEs in financial, managerial, partnership, and entrepreneurial capabilities.

Keywords


Capital Access; Financing; Micro Small and Medium Enterprise; Small and Medium Enterprise

Full Text:

PDF

References


Anggraini, Z., Ratna, Yohan, & Gurendrawati, E. (2015). Firm Size, Ownership Concentration, and Business Sector: The Influence to Credit access SMEs in Indonesia. International Journal of Finance and Accounting. , 4 (5), 231-235

Arikunto, S. (2017). Research Procedures A Practical Approach. Jakarta: Rineka Cipta.

Azwar, S. (2004). Research Methods. Yogyakarta: Student Library.

Beck, T., Demirgüç-Kunt;, A., & Maksimovic., V. (2008). Financing Patterns around the World: Are Small Firms Different. Journal of Financial Economics. , 89 (3), 467-487.

Diana, R. (2019). Analysis of Accessibility of Micro Small Business Capital in West Sumatra Province. Journal of Development Economics, 27 (1), 67–80. https://doi.org/10.14203/jep.27.1.2019.67-80

Fashion, A. (2006). Research Methodology and Thesis Preparation Techniques. Jakarta: PT Rineka Cipta.

Haryanvi, N. (2019). Economic Research Methods. Bandung: Please.

Indriana, Satila, HT, Alwi, BD, & Fikri, M. (2022). Sharia Fintech Equity Crowdfunding As a Solution for Access to MSME Capital. BUSINESS: Journal of Islamic Business and Management, 10 (1), 1–32.

Julia, S. (2009). Smart Get And Manage Business Capital. Jakarta: PT Persero.

Lahallo, F., & Samuel Y. Warella. (2020). Financing for Micro, Small and Medium Enterprises (MSMEs) as a Solution in Improving Business Development (Case Study on MSMEs in Animas District, Sorong Regency). E-Business: Scientific Journal of Economics and Business, 13 (2), 17–30. https://doi.org/10.51903/e-bisnis.v13i2.228

Ningsih, NW, Aryati, I., & Widayant, R. (2019). analysis of financial literature, financing requirements, and business sustainability to easy access to formal financing in MSMEs. Edunomika , 03 (02), 453–460.

Putra, PIC, & Purnamawati, IGA (2013). Procedures for Providing Micro and Medium Business Loans at Pt Pegadaian Singaraja Branch. Professional Accounting, 3 (2), 162–170.

Sailendra, S., Suratno, S., & Tampubolon, M. (2020). : MSMEs, financial management; Access to working capital; Improving and developing the economic value of the business. CAPACITAREA: Journal of Community Service at Pancasila University, 1 (2019), 1–5.

Siyoto, S., & Ali, S. (2015). Basic Research Methodology. Yogyakarta: Media Publishing Literacy.

Suardana, KA, & Musmini, LS (2020). The effect of financial literature, access to capital, and interest in using e-commerce on msme performance In buleleng district. JIMAT (Accounting Student Scientific Journal) Ganesha University of Education, 11 (2), 191–202.

Sulistianingsih, D., Pujiono, & Yuli Prasetyo Adhi. (2019). Capital for Micro, Small, and Medium Enterprises in Batang Regency. Indonesian Journal of Legal Community Engagement, 01 (02), 123–133. Taken from https://journal.unnes.ac.id/sju/index.php/JPHI/index

Tanzer, A. (2009). Introduction to Research Methodology. Yogyakarta: Terrace.

Wina, S., Nurhasanah, N., & Nurhayati, N. (2015). Comparative Analysis of Development Levels of Micro, Small and Medium Enterprises before and after obtaining micro-financing facilities (Case study at BRI Syariah Kep. Kepo Bandung). Unisa Islamic Banking and Finance Proceedings, 1 (1).

Wuryani, E., Puspasari, D., & Puspasari, D. (2019). Development of Capital Access Models for Cooperatives and MSMEs in East Java. Policy Research and Development Journal Horizon, 13 (1), 93–108.




DOI: https://doi.org/10.46899/jeps.v10i2.375

Article metrics

Abstract views : 1541 | views : 2717

Refbacks

  • There are currently no refbacks.




Copyright (c) 2022 Evi Christine Tambunan, Kamaludin Enuh, Ubaidullah Ubaidullah, Mariati Tamba

Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

Indexed By:

        BASE Logo     

 

AddressJl. Raya Bojongsari, Pondok Rangga, Kec. Sawangan, Kota Depok, Jawa Barat 16517, Indonesia