Proceedings of the 2016 Global Conference on Business, Management and Entrepreneurship

Micro Financial Structure Empowerment of Creative Small and Medium Enterprises (SMEs)

Authors
Chairul Furqon, Suryana Suryana, Budhi Pamungkas
Corresponding Author
Chairul Furqon
Available Online August 2016.
DOI
10.2991/gcbme-16.2016.140How to use a DOI?
Keywords
microfinance, micro financial structure, empowerment, small and medium enterprises.
Abstract

Creative industry occupies a strategic position in the development of industry in Indonesia today. Its improvement still encounters obstacles, especially with regard to the financial structure. Therefore, this study aimed to gain an overview of the financial structure, and identify factors driving and inhibiting in the development of creative SMEs financial structure based on local raw materials in West Java. The research used qualitative methods, data collected by observations, interviews, and literature study. The results shows that there are still a lot of potentials that could be developed include the potential market is very large, so it is necessary to strengthen the financial structure of micro. So it is expected to improve the competitiveness of SMEs both at home and abroad. There are several constraints faced by developing the strengthening of the financial structure of micro channeled through cooperatives, is generally associated with knowledge about microfinance inadequate. The driving factors in developing microfinance structures associated with the market potential and SMEs are growing in line with the creativity of SMEs especially in the West Java -based local materials through financing undertaken by the cooperative. The overall result showed that the strengthening of the financial structure of micro SMEs based creative local raw materials in West Java can improve competitiveness both domestically and abroad.

Copyright
© 2016, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 2016 Global Conference on Business, Management and Entrepreneurship
Series
Advances in Economics, Business and Management Research
Publication Date
August 2016
ISBN
978-94-6252-268-8
ISSN
2352-5428
DOI
10.2991/gcbme-16.2016.140How to use a DOI?
Copyright
© 2016, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Chairul Furqon
AU  - Suryana Suryana
AU  - Budhi Pamungkas
PY  - 2016/08
DA  - 2016/08
TI  - Micro Financial Structure Empowerment of Creative Small and Medium Enterprises (SMEs)
BT  - Proceedings of the 2016 Global Conference on Business, Management and Entrepreneurship
PB  - Atlantis Press
SP  - 746
EP  - 752
SN  - 2352-5428
UR  - https://doi.org/10.2991/gcbme-16.2016.140
DO  - 10.2991/gcbme-16.2016.140
ID  - Furqon2016/08
ER  -