The Impact of the People's Business Credit (KUR) Programme on Entrepreneurship Development and Economic Growth in Indonesia

Authors

  • Syamsu Rijal Universitas Negeri Makassar
  • Gracela Pinkan Antou Universitas Nusa Nipa

DOI:

https://doi.org/10.58812/wsjee.v2i04.1407

Keywords:

People’s Business Credit, Entrepreneurship Development, Economic Growth, Micro, Small, and Medium Enterprises

Abstract

The People’s Business Credit (Kredit Usaha Rakyat, KUR) program has been a significant government initiative in Indonesia, aimed at promoting entrepreneurship and stimulating economic growth, particularly among micro, small, and medium enterprises (MSMEs). This study examines the impact of the KUR program on entrepreneurship development and economic growth, using a quantitative analysis based on a sample of 100 MSME entrepreneurs who have received KUR loans. Data was collected through a survey utilizing a Likert scale (1-5) and analyzed using SPSS version 25. The results show that KUR funding positively impacts business expansion, innovation, and profitability, with a significant correlation between program participation and improvements in entrepreneurship development. Furthermore, the study highlights the program’s contribution to local economic growth through job creation and increased regional economic activity. The findings indicate that the KUR program is effective in fostering entrepreneurship, particularly in rural areas, and plays a crucial role in stimulating economic growth at the local level. The study provides valuable insights for policymakers to improve the program and further support MSMEs in Indonesia.

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Published

2024-11-29

How to Cite

Syamsu Rijal, & Antou, G. P. (2024). The Impact of the People’s Business Credit (KUR) Programme on Entrepreneurship Development and Economic Growth in Indonesia. West Science Journal Economic and Entrepreneurship, 2(04), 525–531. https://doi.org/10.58812/wsjee.v2i04.1407

Issue

Vol. 2 No. 04 (2024): West Science Journal Economic and Entrepreneurship

Section

Articles

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Copyright (c) 2024 Syamsu Rijal, Gracela Pinkan Antou

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