Credit Guarantee the National Economic Recovery Program (PEN) for MSMEs: A Case Study of MSMEs for Bank Pembangunan Daerah DIY
DOI:
https://doi.org/10.24269/ekuilibrium.v17i2.2022.pp158-170Abstract In recent months the world has been shocked by a deadly virus, namely Coronavirus Disease 2019 or better known as the COVID-19 virus, which causes a health crisis and an economic crisis. National Economic Recovery or PEN is one of the policies to improve the country's economic conditions due to the COVID-19 pandemic which has a systemic impact. The impact affects almost all sectors, including the Micro, Small and Medium Enterprises sector. This study aims to analyze credit guarantees on MSME income in Daerah Istimewa Yogyakarta (DIY). This study uses a qualitative descriptive method, with UMKM recipients of PEN program assistance through Bank BPD DIY as respondents. The collection technique was through interviews and questionnaires with a total sample of 30 respondents and selected based on the purposive sampling method. The rate of return and the questionnaire that can be processed is 100%. From the results of interviews that have been carried out, it was concluded that in general new working capital credit guarantees help entrepreneurs in recovering MSME businesses due to being affected by COVID-19. The results of this study are in accordance with the Government's target that the assistance in credit guarantees helps micro-enterprises to increase their business income.
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References
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Rapih, S. (2015). Analisis Pengaruh Kompetensi Sumber Daya Manusia (SDM), Modal Sosial dan Modal Finansial terhadap Kinerja UMKM Bidang Garmen di Kabupaten Klaten. Assets: Jurnal Akuntansi Dan Pendidikan, 4(2), 168. https://doi.org/10.25273/jap.v4i2.685.
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Rulandari, N., Rahmawati, N. F., & Nurbaiti, D. (2020). Strategi Komunikasi Pemasaran Usaha Mikro Kecil Dan Menengah Pada Era New Normal. 29(9), 1890–1896.
Shafi, M., Liu, J., & Ren, W. (2020). Impact of COVID-19 Pandemic on Micro, Small, and Medium-Sized Enterprises Operating in Pakistan. Research in Globalization, 2, 100018. https://doi.org/10.1016/j.resglo.2020.100018
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Sugiono. (2010). Metode Penelitian Bisnis. Alfabeta.
Ulfa. (2018). Pengaruh Faktor Internal Debitur terhadap Kredit Bermasalah pada PT. Bank Negara Indonesia (Persero) Tbk Cabang Palu. Katalogis, 5(9), 45–54.
Yang, J., Tang, Z., Yuan, Q., & Xu, B. (2021). The Economic and Social Benefits of the Government-Backed Credit Guarantee Fund under the Condition of an Economic Downturn. Technological Forecasting and Social Change, 166 (June 2020), 120632. https://doi.org/10.1016/j.techfore.2021.120632.
Organizations in Jordan Amman Arab University Business Administration Department Amman Arab University. International Journal of Business and Social Science, 6(8), 164–175. http://ijbssnet.com/journals/Vol_6_No_8_August_2015/17.pdf. 6 Juni 2019
Al-Hadi, A., & Al-Abri, A. (2021). Firm-Level Trade Credit Responses to COVID-19-Induced Monetary and Fiscal Policies: International Evidence. Research in International Business and Finance, 60 (December 2020), 101568. https://doi.org/10.1016/j.ribaf.2021.101568
Badjuri, A. K., & Yuwono, T. (2002). Kebijakan Publik Konsep dan Strategis. Universitas Diponegoro.
Bahtiar & Saragih. (2020). Dampak Covid-19 terhadap Perlambatan. Kajian Singkat terhadap Isu Aktual dan Strategis, 12, 20.
Baiti, E. N. (2021). Implementasi Pasal 6 PMK No.71/PMK.08/2020 tentang Tata Cara Penjaminan Pemerintah bagi Pelaku UMKM akibat Pandemi Covid-19 di PT Askrindo Syariah Purwokerto (Issue 71). UIN Prof. K.H. Saifuddin Zuhri.
Bartik, A. W., Bertrand, M., Cullen, Z. B., Glaeser, E. L., Luca, M., & Stanton, C. T. (2020). How Are Small Businesses Adjusting To Covid-19? National Bureau of Economic Research 1050 Massachusetts Avenue Cambridge, MA 02138 April 2020, 1–36.
Dai, R., Feng, H., Hu, J., Jin, Q., Li, H., Wang, R., Wang, R., Xu, L., Zhang, X., Dai, R., Feng, H., Hu, J., Jin, Q., Li, H., Wang, R., Wang, R., Xu, L., & Zhang, X. (2020). The ImPACT OF COVID-19 on Small and Medium-Sized Enterprises: Evidence from Two-Wave Phone Surveys in China. Working Paper - Centre for Global Development|2020. (549):27 Pp. 11 Ref., 67(February), 2020. https://doi.org/10.1016/j.chieco.2021.101607
Dwi, A., & Citra, F. (2021). Analysis of MSMEs Recovery using Digital Technology in the Covid-19 Pandemic Era. Ekuilibrium: Jurnal Ilmiah Bidang Ilmu Ekonomi, 16(2), 117–128
Ghozali, I. (2018). Aplikasi Analisis Multivariat dengan Program IBM SPSS 25(IX). Badan Penerbit Universitas Diponegoro.
Gourichas, P.-O., Ozcan, S. K., Penciakova, V., & Sander, N. (2020). Covid-19 and SME Failures. In National Bureau Of Economic Research (Vol. 8, Issue 5).
Hanoatubun, S. (2016). Pengaruh Profitabilitas, Leverage, Likuiditas dan Ukuran Perusahaan terhadap Return Saham Perusahaan Farmasi Di Bei. E-Jurnal Manajemen Universitas Udayana, 5(11), 249101.
Hartarto, A. (2021). Pembiayaan UMKM. Raja Grafindo.
Juergensen, J., Guimón, J., & Narula, R. (2020). European SMEs Amidst the COVID-19 Crisis: Assessing Impact and Policy Responses. Journal of Industrial and Business Economics, 47(3), 499–510. https://doi.org/10.1007/s40812-020-00169-4
Kacaribu, F. (2020). Media Briefing: Program Pemulihan Ekonomi Nasional. Kementerian Keuangan, 23. https://www.kemenkeu.go.id/media/15116/media-briefing-kabkf.pdf
Kang, J. W., Heshmati, A., & Choi, G. G. (2008). Effect of Credit Guarantee Policy on Survival and Performance of SMEs in Republic of Korea (Small Business Economics DOI: 10.1007/s11187-007-9049-y). Small Business Economics, 31(4), 443. https://doi.org/10.1007/s11187-008-9144-8
Liang, L. W., Huang, B. Y., Liao, C. F., & Gao, Y. T. (2017). The Impact of SMEs’ Lending and Credit Guarantee on Bank Efficiency in South Korea. Review of Development Finance, 7(2), 134–141. https://doi.org/10.1016/j.rdf.2017.04.003
Marlinah, Lilih. (2021). Memnfaatkan Insentif Pajak UMKM Dalam Upaya Mendorong Pemuliahan Ekonomi Nasional. Jurnal IKRA-ITH Ekonomika Vol 4 No 2 Bulan Juli 2021 Jurnal IKRA-ITH Ekonomika Vol 4 No 2 Bulan Juli 2021., 4(98), 73–78.
Munizu, M. (2010). Pengaruh Faktor-Faktor Eksternal dan Internal terhadap Kinerja Usaha Mikro dan Kecil (UMK) di Sulawesi Selatan. Jurnal Manajemen dan Kewirausahaan, 12 No 12, 33–41. https://doi.org/10.9744/jmk.12.1.pp. 33-41. 23 Juli 2019
Ngadi. (2020). Survei Dampak Darurat Virus Corona terhadap Tenaga Kerja Indonesia. LIPI. http://lipi.go.id/siaranpress
Nurunnabi, M. (2020). Recovery Planning and Resilience of SMEs during the COVID-19: Experience from Saudi Arabia. Journal of Accounting and Organizational Change. https://doi.org/10.1108/JAOC-07-2020-0095
Omar, S., & Morales, C. (2021). Innovation as Recovery Strategy for SMEs in Emerging Economies during the COVID-19 Pandemic. Research in International Business and Finance, 57(February), 101396. https://doi.org/10.1016/j.ribaf.2021.101396
Omri, A., Frikha, M., & Bouraoui, M. (2015). An Empirical Investigation of Factors Affecting Small Business Success. Journal of Management Development, 34(9), 1073–1093. https://doi.org/10.1108/JMD-07-2013-0088
Peraturan Menteri Keuangan Nomor 65/PMK.05/2020 tentang Tata Cara Pemberian Subsidi Bunga/ Subsidi Margin untuk Kredit/ Pembiayaan Usaha Mikro, Kecil, dan Menengah dalam Rangka Mendukung Pelaksanaan Program Pemulihan Ekonomi Nasional.
Peraturan Menteri Keuangan Nomor 85/PMK.05/2020 tentang Tata Cara Pemberian Subsidi Bunga/ Subsidi Margin untuk Kredit/ Pembiayaan Usaha Mikro, Kecil, dan Menengah dalam Rangka Mendukung Pelaksanaan Program Pemulihan Ekonomi Nasional
Purwanto, Niken Paramita. 2020. Bantuan Fiskal untuk UMKM pada Masa Pandemi Covid-19. Kajian Singkat Terhadap Isu Aktual Dan Strategis Vol.Xii, No.17/I/Puslit/September/2020.
Rapih, S. (2015). Analisis Pengaruh Kompetensi Sumber Daya Manusia (SDM), Modal Sosial dan Modal Finansial terhadap Kinerja UMKM Bidang Garmen di Kabupaten Klaten. Assets: Jurnal Akuntansi Dan Pendidikan, 4(2), 168. https://doi.org/10.25273/jap.v4i2.685.
Rosyidah, M. (2022). Designing MSMEs Strategies to Survive in The New Normal Era With A SWOT-TOPSIS Approach. Ekuilibrium : Jurnal Ilmiah Bidang Ilmu Ekonomi, 17(1), 64. https://doi.org/10.24269/ekuilibrium.v17i1.4348
Rulandari, N., Rahmawati, N. F., & Nurbaiti, D. (2020). Strategi Komunikasi Pemasaran Usaha Mikro Kecil Dan Menengah Pada Era New Normal. 29(9), 1890–1896.
Shafi, M., Liu, J., & Ren, W. (2020). Impact of COVID-19 Pandemic on Micro, Small, and Medium-Sized Enterprises Operating in Pakistan. Research in Globalization, 2, 100018. https://doi.org/10.1016/j.resglo.2020.100018
Suci, Y. R., Tinggi, S., & Ekonomi, I. (2017). Perkembangan UMKM (Usaha Mikro Kecil dan Menengah ) Di Indonesia. Jurnal Ilmiah Fakultasi Ekonomi, 6(1), 51–58.
Sugiono. (2010). Metode Penelitian Bisnis. Alfabeta.
Ulfa. (2018). Pengaruh Faktor Internal Debitur terhadap Kredit Bermasalah pada PT. Bank Negara Indonesia (Persero) Tbk Cabang Palu. Katalogis, 5(9), 45–54.
Yang, J., Tang, Z., Yuan, Q., & Xu, B. (2021). The Economic and Social Benefits of the Government-Backed Credit Guarantee Fund under the Condition of an Economic Downturn. Technological Forecasting and Social Change, 166 (June 2020), 120632. https://doi.org/10.1016/j.techfore.2021.120632.
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Published
2022-09-19
How to Cite
Nasir, M. S., A.K., M. L., Andriyani, N., Wibowo, A. R., & Oktaviani, Y. (2022). Credit Guarantee the National Economic Recovery Program (PEN) for MSMEs: A Case Study of MSMEs for Bank Pembangunan Daerah DIY. Ekuilibrium : Jurnal Ilmiah Bidang Ilmu Ekonomi, 17(2), 158–170. https://doi.org/10.24269/ekuilibrium.v17i2.2022.pp158-170
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