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existence of business practices that take profit and
loss. Financing products that become a favorite of
sharia micro finance institutions are murabaha.
Murabaha financing is in great demand because the
risks are small and tend to be profitable. But on the
other hand, this financing only makes the customer as
consumer pengabis money because the money is used
for consumption. While mudharabah financing into
the product of sharia financial institutions that portion
less. Mudharabah financing does have a weakness of
risk level and less profitable. Whereas the financing
of mudaraba is very good if the financial institution
apply it to bridge micro entrepreneurs so that the
lower level economy is lifted up. For that in this paper
the author tries to describe the importance
mudharabah financing for sharia financial
institutions.
The government has a big role in developing
SMEs in Indonesia, because important policy makers
can only be done by the government. As we know
with SMEs in Indonesia today experiencing a great
competition with imported products circulating in
Indonesia. It will certainly make it more difficult for
SMEs to expand its business, because the products are
in the results of losing competitiveness with products
from abroad. This situation can not be allowed to
continue to continue, because it can affect the
condition of the Indonesian economy. This can
happen because SMEs contributes the largest GDP in
Indonesia. Steps that can be taken by the government
related to the progress of SMEs in Indonesia is
denhan apply some policies to protect SMEs,
including establish
a. Quota policy on products that will enter
Indonesia, This means that the products
produced by SMEs in Indonesia can reach the
market, because imported goods become less
due to restrictions. Establish
b. High tariff policy. So that the imported products
selling prices in the Indonesian market becomes
higher in comparison with overseas products.
c. Thus SMEs can still expand its business enable
SMEs in handling licensing places and
businesses, with a good bureaucracy SMEs can
easily get services related to licensing matters.
d. Provide proper facilities such as large
entrepreneurs, especially in terms of facilities,
for example strategic location strategic location
and other facilities (water, roads, etc.) SMEs in
developing their business, certainly require
capital.
e. This is a problem of SMEs, because in adding
money when having to borrow money to
commercial banks of course the process is long
and convoluted. So the role of Sharia
Microfinace F is very important in terms of
capital lending to SMEs with easy terms; prases
that are fast and not burdensome SMEs other
than the system of transactions using the system
of sharia.
4 CONCLUSIONS
Based on the findings that microfinance plays a role
in encouraging the development of SMEs business.
There is a difference in sales volume between before
and after receiving financing, & nbsp; Sales volume
after getting financing to be better when compared to
before getting financing, thus the financing provided
by Sharia Microfinance positively affect the volume
of business sales run by customers. These findings
imply that the Government is expected to be able to
provide financial institutions that can lend to small
businesses to grow. The bank is considered too
burdensome for the small business because of the
interest that is considered burdensome SMEs. It is
expected that the government reaches remote areas or
away from urban areas and provides socialization
about the importance of education, as there are still
many respondents who have low education level. An
entrepreneurship training is needed for small and
micro entrepreneurs, due to the need for a special skill
to make the business grow larger. With the holding of
the training then the business owner will be able to
manage his business better.
ACKNOWLEDGEMENTS
Thanks to the Directorate of Research and
Community Service, the Directorate General of
Higher Education, the Ministry of Research,
Technology and Higher Education as the grant
(Kemenristek Dikti) beneficiary grant.
REFERENCES
Ayyagari, M., Beck, T., Demirgüç-Kunt, A. 2007. Small
and medium enterprises across the globe.
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http://dx.doi.org/10.1007/s11187-006-9002-5Ayyagari
et al., 2007
Beck, T., Demirgüç-Kunt, A., Maksimovic, V. 2005.
Financial and legal constraints to growth: does firm size
matter? Journal of Finance, 60(1), 137-177.
http://dx.doi.org/10.1111/j.1540-6261.2005.00727.x
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