Proceedings of the First International Seminar Social Science, Humanities and Education, ISSHE 2020, 25 November 2020, Kendari, Southeast Sulawesi, Indonesia

Research Article

The Existence of the Sangeh Village Credit Institution (LPD) in Supporting the Village Community Economy

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  • @INPROCEEDINGS{10.4108/eai.25-11-2020.2306680,
        author={I Nyoman Putu  Budiartha and I Putu  Suwantara and A.A Sagung Laksmi Dewi and Ni Made Puspasutari Ujianti and Desak Gde Dwi Arini and I Made Aditya Mantara Putra},
        title={The Existence of the Sangeh Village Credit Institution (LPD) in Supporting the Village Community Economy},
        proceedings={Proceedings of the First International Seminar Social Science, Humanities and Education, ISSHE 2020, 25 November 2020, Kendari, Southeast Sulawesi, Indonesia},
        publisher={EAI},
        proceedings_a={ISSHE},
        year={2021},
        month={4},
        keywords={village credit; business sector; rural credit bank},
        doi={10.4108/eai.25-11-2020.2306680}
    }
    
  • I Nyoman Putu Budiartha
    I Putu Suwantara
    A.A Sagung Laksmi Dewi
    Ni Made Puspasutari Ujianti
    Desak Gde Dwi Arini
    I Made Aditya Mantara Putra
    Year: 2021
    The Existence of the Sangeh Village Credit Institution (LPD) in Supporting the Village Community Economy
    ISSHE
    EAI
    DOI: 10.4108/eai.25-11-2020.2306680
I Nyoman Putu Budiartha1,*, I Putu Suwantara2, A.A Sagung Laksmi Dewi2, Ni Made Puspasutari Ujianti2, Desak Gde Dwi Arini2, I Made Aditya Mantara Putra2
  • 1: Universitas Warmadewa
  • 2: Faculty of Law, Universitas Warmadewa
*Contact email: budiartha59@gmail.com

Abstract

Sangeh is one of the villages in the Abiansemal Sub-district, Badung Regency, Bali Province, which is famous for its tourist destinations. However, for continuous existence as a tourist destination, a lot of development and tourism support business sectors need to be established, which requires lots of money. Therefore, the Village Credit Institution (LPD) and Rural Credit Bank (BPR) were established as of the Microfinance Institutions to assist in tourism to help in providing capital. However, normatively, the establishment and ownership of BPRs in Traditional Villages are in conflict with the provisions of Article 4 of the OJK Regulation Number 20 / POJK.3 / 2014.