The Impact of Super Micro Credit on SMEs During the Covid-19 Pandemic

DOI

10.2991/978-2-494069-49-7_12How to use a DOI?

Keywords

E-commerce; Object Oriented Programming; Fruit seed; Marketing; Customize

Abstract

The Covid-19 pandemic has significantly impacted the decline in economic sectors, including the SME sector. Based on research conducted by OJK, the COVID-19 pandemic has had an impact on decreasing sales turnover for more than 80 percent of SMEs. Another study even stated that as many as 58% of SMEs close their businesses temporarily. This condition encourages the government to create various programs to support the sustainability of SME businesses. One of the programs is the Super Micro Credit program, which purposes to strengthen SME business capital. This article aims to see how they use Super Micro Credit funds and how it affects SMEs. The research method used is a quantitative approach using the index impact factors. The results showed that SMEs had utilized the use of funds from the Super Micro Credit program to increase capital (42%) and 37% of other needs related to business. However, 21% of SMEs use these funds for different conditions unrelated to business. Furthermore, the Super Micro Credit program positively impacts SMEs with an index score of 0.65. Meanwhile, partially Super Micro Credit has a positive influence in maintaining business continuity (index score 0.67), maintaining sales (index score 0.68) and employees (index score 0.58), conducting business development (index score 0.70), even to make a new attempt (0.60). This Super Micro Credit Program needs to be continued in the coming years so that the national economy can continue to run.

Copyright

© 2023 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Sony Hendra Permana
AU  - Nidya Waras Sayekti
AU  - Ariesy Tri Mauleny
AU  - Rafika Sari
AU  - Dewi Restu Mangeswuri
AU  - Nike Paramita
PY  - 2022
DA  - 2022/12/29
TI  - The Impact of Super Micro Credit on SMEs During the Covid-19 Pandemic
BT  - Proceedings of the 3rd Borobudur International Symposium on Humanities and Social Science 2021 (BIS-HSS 2021)
PB  - Atlantis Press
SP  - 66
EP  - 70
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-494069-49-7_12
DO  - 10.2991/978-2-494069-49-7_12
ID  - Permana2022
ER  -