Strategy of Women Micro Enterprises in Managing Micro Financing at Mawaridussalam Micro Waqf Bank

Mahfuzah Mahfuzah

doi:10.31538/iijse.v6i3.4114

Mahfuzah Mahfuzah Universitas Islam Negeri Sumatera Utara, Medan, Indonesia

DOI: https://doi.org/10.31538/iijse.v6i3.4114

Abstract

Women are a gender that has difficulty gaining economic access, especially access to capital. Even though women have high potential to increase family income, and even drive the national economy. Moreover, there are many small business sectors in Indonesia. This sector is usually delegated to women because women are tied to domestic work (Rozalinda, 2014). Domestic work is assigned to women, making women more involved in informal businesses. This business is a small and simple household-based business. Even though they have opportunities and opportunities to develop in informal businesses, this group of women small business actors still often have problems in getting access to capital. The result is that the business they own does not experience rapid development. Apart from that, women's conditions are worsened by the lack of knowledge, skills, and networks to develop and expand their businesses. Therefore, the government through the Financial Services Authority (OJK) initiated the establishment of a Micro Waqf Bank (BWM). The target of BWM is small, productive communities around Islamic boarding schools (Balqis, WG, & Sartono, 2019). Based on the statement that the cumulative increase in the amount of financing provided by BWM Mawaridussalam to women’s micro businesses has not been in line with the increase in customer business development. The formulation of the problem in this research is the conditions and strategies of women’s businesses that obtain and manage financing from BWM Mawaridussalam. The aim is to find out the conditions and strategies of women’s businesses that obtain and manage financing from BWM Mawaridussalam. Researcher used the SWOT analysis method. The results of the research are that the strategy that has been carried out so far is in defensive status. The meaning is to minimize weaknesses and avoid threats. Currently, female micro business actors have many weaknesses and are facing big challenges. Among them, namely: first, discipline in financial recording. Second, Separate personal finances from business finances. Third, a strong and protected business foundation. Fourth, debt planning and management Fifth, set targets and evaluate business.

Downloads

Download data is not yet available.

References

Anwar, M., Nidar, S. R., Yuliani, I., Ekonomi, F., & Padjadjaran, U. (2019). Microfinance institution and woman empowerment as poverty alleviation effort in sumedang regency. 21(2), 140–143. https://doi.org/10.24198/sosiohumaniora.v21i2.19516

Assaf, Rafiqah, Suryati, dan R. R. (2019). Pengaruh Financial Attitude dan Financial Knowledge terhadap Financial Management Behavior (Studi Kasus pada Mahasiswa Fakultas Ekonomi Konsentrasi Keuangan Universitas Andi Djemma Palopo. JEMMA, 2(2).

Azhari Akmal Tarigan. (n.d.). Pengantar Teologi Ekonomi. FEBI UIN-SU Press.

Balqis, W. G., & Sartono, T. (2019). Bank Wakaf Mikro sebagai Sarana Pemberdayaan pada Usaha Mikro, Kecil dan Menengah. Juridictie: Jurnal Hukum Dan Syariah, 10((2)), 215–231.

Blessty, M. B. (2017). Asal-Usul Penindasan Perempuan (Bagian 1). In Retrieved (p. 25).

Dewanti, C. M. P. (2020). Bank Wakaf Mikro Usaha Mandiri Sakinah: Pemberdayaan Ekonomi Perempuan Universitas Aisyiyah Yogyakarta. Journal of Finance and Islamic Banking, 3(2). https://doi.org/10.22515/jfib.v3i2.2970

Gall. (2007). No Title.

Hasanah, S., Lestari, S. S., Widowati, Mu., Widodo, S., & Sari, M. K. (2020). Peran Pembiayaan Bank Wakaf Mikro (BWM) Sunan Gunung Jati Ba’alawy (SGJTB) Terhadap Penguatan Modal Pelaku UMKM Untuk Mewujutkan Ekosistem Industri Halal Di Kota Semarang. Jurnal Ekonomi Islam Al-Infaq, 5(3), 248–253.

Isnaini Harahap. (2015). Peran Bank Wakaf Mikro Syariah di Pesantren Mawaridussalam dalam Pemberdayaan Ekonomi Masyarakat.

Moleong. (2010). No Title.

Priyono, B. (2021). Bank Wakaf Mikro Sebagai Jembatan. 3(1), 22–29.

Rahman, A. R. A. (2010). Islamic Microfinance: An Ethical Alternative To Poverty Alleviation‛, Humanomics. 4, h. 284-295.

Rozalinda. (2014). Peran Wakaf dalam Pemberdayaan Ekonomi Perempuan. Jurnal Ilmiah Kajian Gender, 2, 38–62.

Sikivahan, N. B., and V. M. P. (n.d.). A conceptual perspective on the impact of micro finance on women empowerment. International Journal of Recent Technology and Engineering, 8, : 625–28.

Soemitra, A., Inda, T., & Rahma, F. (2022). The Role of Micro Waqf Bank in Women ’ s Micro-Business Empowerment through Islamic Social Finance : Mixed-Method Evidence from Mawaridussalam Indonesia.

Sri, H., Sukesi, & Kanty, H. (2019). Manajemen UMKM dan Koperasi: Optimalisasi Ekonomi Masyarakat Pesisir Pantai. In Unitomo Press (Vol. 1).

Subbaiah, K. Venkata, and P. S. (2020). A study on women empowerment in the participation of activities with reference to Y.S.R (Kadapa) district, Andhra Pradesh. International Journal of Management, 11, 181–90.

Tambunan, T. (2002). Usaha Kecil dan Menengah di Indonesia "Beberapa Isu Penting. Salemba Empat.

TulusTambunan. (2012). Usaha Mikro Kecil dan Menengah di Indonesia (Isu-Isu Penting). LP3ES.

Wardani, B. K. dan J. P. (2016). Perbankan Syariah: Alternatif pendanaan usaha mikro kecil menengah (UMKM). Among Makarti, 9(17), 60–78.

Yohana, C. (2010). Pengaruh Locus Of Control , Financial Knowledge , Income Terhadap Financial Management Behavior. Jurnal Bisnis Dan Akuntans, 12(3), 131–144.