Juridical Review of Credit Union Legal Entity Form Toward Community Economic Empowerment

DOI

10.2991/978-2-38476-366-5_66How to use a DOI?

Keywords

Credit Union; Juridical Review; Legal Entity

Abstract

Through this research, it is hoped that a juridical study can be found that can be the best solution regarding the legal entity form of a Credit Union. So with clarity on the form of legal entity, the Credit Union will be able to further develop its benefits for community economic empowerment. Credit Union (CU) is a microfinance institution that is starting to grow and spread in Indonesia. Credit Unions are engaged in the business of forming capital through regular and continuous savings from members, which are then lent to their members in a fast, cheap, easy, and precise manner for productive purposes and increasing welfare. In reality, the legal entity form of a Credit Union is analogous to a Savings and Loans Cooperative. The legal basis used in running a Credit Union is Law Number 25 of 1992 concerning Cooperatives, Government Regulation Number 9 of 1995 concerning the Implementation of Savings and Loans Business Activities by Cooperatives, and Minister of Cooperatives Regulation Number 11 of 2018 concerning Licensing of Savings and Loans Businesses by Cooperatives. Meanwhile, the provisions regarding the implementation of Credit Union activities are based on the Model Law for Credit Unions. The problem formulation in this research is as follows: 1) What are the weaknesses in the regulation of credit union legal entity forms in the legal system in Indonesia? 2. How is the juridical study of the form of a Credit Union legal entity based on the value of justice? The approach used is normative juridical with a qualitative case approach. Data sources consist of primary and secondary data sources, and data collection methods use library studies and field studies. The researcher hopes that the government will immediately draft regulations regarding Credit Unions specifically in accordance with the Model Law for Credit Unions because Indonesia is a member of WOCCU. So that community economic empowerment will be realized.

Copyright

© 2025 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.

Download article (PDF)

TY  - CONF
AU  - Endang Setyowati
AU  - Helen Intania
AU  - Tumanda Tamba
AU  - I Wayan Ariana
PY  - 2025
DA  - 2025/02/28
TI  - Juridical Review of Credit Union Legal Entity Form Toward Community Economic Empowerment
BT  - Proceedings of the 1st International Conference on Social Environment Diversity (ICOSEND 2024)
PB  - Atlantis Press
SP  - 669
EP  - 677
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-366-5_66
DO  - 10.2991/978-2-38476-366-5_66
ID  - Setyowati2025
ER  -