Proceedings of the 3rd International Conference on Law, Social Science, Economics, and Education, ICLSSEE 2023, 6 May 2023, Salatiga, Central Java, Indonesia

Research Article

The Role Of Cooperations In The Development Of MSMEs In Indonesia

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  • @INPROCEEDINGS{10.4108/eai.6-5-2023.2333553,
        author={Hakim Probo Herfanni and Cicih  Ratnasih},
        title={The Role Of Cooperations In The Development Of MSMEs In Indonesia},
        proceedings={Proceedings of the 3rd International Conference on Law, Social Science, Economics, and Education, ICLSSEE 2023, 6 May 2023, Salatiga, Central Java, Indonesia},
        publisher={EAI},
        proceedings_a={ICLSSEE},
        year={2023},
        month={7},
        keywords={cooperatives; msmes; capital},
        doi={10.4108/eai.6-5-2023.2333553}
    }
    
  • Hakim Probo Herfanni
    Cicih Ratnasih
    Year: 2023
    The Role Of Cooperations In The Development Of MSMEs In Indonesia
    ICLSSEE
    EAI
    DOI: 10.4108/eai.6-5-2023.2333553
Hakim Probo Herfanni1,*, Cicih Ratnasih1
  • 1: Universitas Borobudur, Jakarta, Indonesia
*Contact email: h.probo89@gmail.com

Abstract

Cooperatives are joint business entity that struggles in the economic field by taking the right and steady path to liberate their members from the economic difficulties that they generally suffer. This research is a type of descriptive-exploration research. The research is focused to discuss MSME cooperatives as an alternative to solving MSME capital problems. The role of savings and loan cooperatives (KSP) in developing MSMEs in Indonesia is as a business capital provider, improving economic growth, and saving money other than banks. In MSME activities. Capital is one of the main elements in carrying out business activities, with sufficient or large capital, entrepreneurs can develop their businesses even bigger. Capital is provided to MSME actors in the form of loans for a certain period.