Proceedings of the International Conference on Applied Science and Technology on Social Science 2021 (iCAST-SS 2021)

Description Study of the Implementation of the MSME Credit Relaxation Policy Affected By Covid 19 in BPR Christa Jaya Kupang

Authors
Eugenia Hendrini P. Tanan*, eugenia.tanan@pnk.ac.id
Kupang State Polytechnic, Kupang City, Indonesia
Wilsna Rupiluwilsna.rupilu@pnk.ac.id
Kupang State Polytechnic, Kupang City, Indonesia
Tiffany Natalia P. Gahtiffany.gah@pnk.ac.id
Kupang State Polytechnic, Kupang City, Indonesia
Agnes Kidi Beda Mudamakin
Kupang State Polytechnic, Kupang City, Indonesia
Corresponding Author
Eugenia Hendrini P. Tananeugenia.tanan@pnk.ac.id
Available Online 4 March 2022.
DOI
https://doi.org/10.2991/assehr.k.220301.051How to use a DOI?
Keywords
Credit Relaxation; MSMEs
Abstract

The involvement of banking institutions that maintain their existence as a provider of funds for MSME business activities most affected by the covid 19 outbreak is also supported by the Regulation of the Financial Services Authority of the Republic of Indonesia Number 48 / POJK.03 / 2020 on national economic stimulus as a countercyclical policy on the spread of coronavirus disease 2019. The credit bank of christa jaya kupang became one of the banks that implemented policies to support economic growth stimulus for debtors affected by the spread of coronavirus disease 2019 (covid-19) including MSME debtors while paying attention to the precautionary principle. This type of research is qualitative research with a descriptive analysis approach. The results showed all respondents or (100%) respondents stated that covid-19 had a severe impact on the decrease in sales volume above 50%. Debtor Business Sector shows that as many as 1 people (21.43%) do business in the field of Tourism (Bureau of Services, Hospitality, Restaurants, Café, Entertainment, etc.), as many as 4 people (47.14%) respondents with transportation business (Shuttle Services, Flights, Mbl Rental, Mbl, Mtr buying, and selling) and debtors as 1 person (21.43%) do business in the field of Export / Import business with countries affected by COVID-19 and affected by “lockdown”. The results of interviews with debtors about the ability to pay debts as shown in table 4.8 showed that as many as 3 people (60%) respondents stated that the ability to pay debts to Bank Christa Jaya 3-12 in the future will decrease by 30%-50%, while respondents as many as 2 people (40%) stated that the ability to pay debts to Bank Christa Jaya 3 - 12 months ahead decreased to above 50%.

Copyright
© 2022 The Authors. Published by Atlantis Press SARL.
Open Access
This is an open access article under the CC BY-NC license.

Download article (PDF)

Volume Title
Proceedings of the International Conference on Applied Science and Technology on Social Science 2021 (iCAST-SS 2021)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
4 March 2022
ISBN
978-94-6239-547-3
ISSN
2352-5398
DOI
https://doi.org/10.2991/assehr.k.220301.051How to use a DOI?
Copyright
© 2022 The Authors. Published by Atlantis Press SARL.
Open Access
This is an open access article under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Eugenia Hendrini P. Tanan
AU  - Wilsna Rupilu
AU  - Tiffany Natalia P. Gah
AU  - Agnes Kidi Beda Mudamakin
PY  - 2022
DA  - 2022/03/04
TI  - Description Study of the Implementation of the MSME Credit Relaxation Policy Affected By Covid 19 in BPR Christa Jaya Kupang
BT  - Proceedings of the International Conference on Applied Science and Technology on Social Science 2021 (iCAST-SS 2021)
PB  - Atlantis Press
SP  - 309
EP  - 314
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.220301.051
DO  - https://doi.org/10.2991/assehr.k.220301.051
ID  - Tanan2022
ER  -