The Role of Microfinance Institutions on the Improvement of Community Social Welfare: The case on impacted persons in the development areas of Jatigede reservoir in Sumedang District, West Java Indonesia
- 10.2991/icebef-18.2019.153How to use a DOI?
- microfinance; microcredit; MFIs performance; social welfare
Microfinance institutions (MFIs) are financial entities with their activities are as fund-raising and lending agents on micro-businesses. This study aims to examine the quality of performance of MFIs that have provided microcredit services to micro-scale borrowers and to evaluate the conditions of those microbusinesses that have obtained the credit. The sample employed in this research is the impacted people (IP) of the development of the Jatigede Dam Reservoir project in Sumedang District West Java Indonesia which covers around 100 people spread in five sub-districts namely Wado, Jatinunggal, Darmaraja, Cisitu, and Jatigede Subdistricts. The people are also regarded as the owner of microbusinesses in the areas. The data collection is done by filling the questionnaire directly by the people. The results of this study indicate that the performance quality of MFIs accessed by the people are in the good category, meanwhile the variable of the affected people welfare who have obtained micro-credit is in the category of good enough. These findings suggest that the presence of microfinance institutions is required especially in premises far from urban area and more importantly in the case of taking into account pointing out the sustainability of the people affected by the massive projects undertaken by Government.
- © 2019, 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 - Sulaeman Rahman Nidarr AU - Helda Fitri Febrianty AU - Mokhamad Anwar AU - Layyinaturrobaniyah Layyinaturrobaniyah PY - 2019/05 DA - 2019/05 TI - The Role of Microfinance Institutions on the Improvement of Community Social Welfare: The case on impacted persons in the development areas of Jatigede reservoir in Sumedang District, West Java Indonesia BT - Proceedings of the 1st International Conference on Economics, Business, Entrepreneurship, and Finance (ICEBEF 2018) PB - Atlantis Press SP - 722 EP - 726 SN - 2352-5428 UR - https://doi.org/10.2991/icebef-18.2019.153 DO - 10.2991/icebef-18.2019.153 ID - Nidarr2019/05 ER -