Village-Owned Enterprises' Strategies In Overcoming Problematic Loan Applications ( Bumdesma Sapta Mandiri Sejahtera Mataram Baru

Abstract

Village-Owned Enterprises (BUMDESMA) are an important instrument in rural economic development, aiming to improve community welfare through productive management of local potential. One of the BUMDESMA Sapta Mandiri Sejahtera business units in Mataram Baru Village, East Lampung, is a savings and loan business that faces the challenge of a high number of problematic loan applications. This study aims to identify the factors causing problematic loan applications, analyze the strategies implemented by BUMDESMA to address these issues, and uncover the obstacles encountered in implementing these strategies. The research method used was qualitative, collecting primary data through interviews and observations, as well as secondary data from BUMDESMA internal documents. The results indicate that the causes of problematic loan applications stem from internal factors, such as the lack of clear SOPs, low human resource competency, and weak business feasibility analysis, as well as external factors such as unstable economic conditions in the community. To address this, BUMDESMA implemented strategies such as field surveys, coordination with community leaders, and loan restructuring. These strategies reflect efforts to improve risk management to maintain business continuity and strengthen BUMDESMA's socio-economic role. The findings of this study can serve as a reference for other BUMDESMA in improving the professionalism of village financing management.