The Effects of Covid-19 Pandemic Towards the Performance of Lembaga Perkreditan Desa
- DOI
- 10.2991/aebmr.k.211124.016How to use a DOI?
- Keywords
- Covid-19 pandemic; LPD’s performance; Village development
- Abstract
Lembaga Perkreditan Desa (LPD) is a finance institution based on tradition that exists in Bali. These institutions were established in order to accelerate the villages’ development. Prior to the Covid-19 pandemic, they performed really well and were able to support the economy of the villagers. They also played a role in social and cultural preservation of Bali. This research aimed to analyze and understand the effect that caused by the Covid-10 pandemic towards the performance of LPD. This research was conducted through descriptive qualitative approach. The result of the research showed that Covid-19 pandemic had bad effects towards the performance of LPD. The research found the LPD’s performance indicators which were the amount of the assets, savings, deposits, the fund loans and profits encountered deflation. The performance’s deflation was mostly perceived at the central tourism areas such as Badung regency, Gianyar and Denpasar city. LPDs that were located in farming and planting area (not tourism), showed stable relative performance and almost did not encounter performance deflation.
- Copyright
- © 2021 The Authors. Published by Atlantis Press International B.V.
- Open Access
- This is an open access article under the CC BY-NC license.
Cite this article
TY - CONF AU - I Nengah Suarmanayasa AU - Komang Krisna Heryanda AU - Ni Made Suci AU - Komang Endrawan Sumadi Putra PY - 2021 DA - 2021/11/25 TI - The Effects of Covid-19 Pandemic Towards the Performance of Lembaga Perkreditan Desa BT - Proceedings of the 6th International Conference on Tourism, Economics, Accounting, Management, and Social Science (TEAMS 2021) PB - Atlantis Press SP - 106 EP - 109 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.211124.016 DO - 10.2991/aebmr.k.211124.016 ID - Suarmanayasa2021 ER -