THE RELATION BETWEEN MICROFINANCE CREDIT (KREDIT USAHA RAKYAT) AND THE FINANCIAL PERFORMANCE ON SMALL AND MEDIUM ENTERPRISE IN MANADO, NORTH SULAWESI
Abstract: Manado city's
economy is largely contributed through the role of SMEs in mobilizing economic
activities in various fields, capital limitations are a source of business
development problems and lack of innovation in busines .The government together
with the cooperative service and SMEs are trying to facilitate SMEs to get
microfinance credit funds. This study aimed to see whether there are
differences in financial performance on the financial ratio analysis based on
financial ratio, of 9 Small Medium Enterprises before and after using funds
microfinance credit in manado. Based on the results shows that the financial
performance of SMEs in Manado City from the year before using microfinance
credit and after using microfinance credit is changin, which is the average
value of the financial ratio analysis experienced good changes. SMEs should be
more effective in utilizing existing resources to generate sales, and SMEs should
know the condition of the companys financial performance in their business from
time to time so that the future can anticipate and quickly taking decisions for
possibilities that could happen in the future, and to further improve the
companys performance in the future.
Keywords: microfinance credit,
financial performance, small and medium enterprises
Penulis: Vanesa Anastasia
Balak, Johan Tumiwa
Kode Jurnal: jpmanajemendd180273
