Financial Analysis for the Weak Economic Society to Increase the Member Economy at-BMT El-Munawar Medan Johor Unit (North Sumatra-Indonesia Province)

DOI

10.2991/amca-18.2018.17How to use a DOI?

Keywords

Financing, Increasing economy.

Abstract

The objective in establishment of BMT is to actualize the society welfare, both in terms of business application and comprehension of sharia economy. Financing is often the main problem faced by the community, particularlythe weak economic community. The existence of BMT El-Munawar is significant to get financing source (capital) help. This study aims to analyze the BMT financing ability to improve members’ economics. This research applied descriptive qualitative approachto describe and analyze the problems, and describe the research finding through interviews and observation and others sources. The results of this study indicated that the implemented financing by BMT El-Munawarcouldimprove the members’ economic, where the increase reaches 99%.and This was proven through interviews to the members, who said that the tuition fee their children education could be paiddue to the BMT help. The members also commented financing distribution wasvery good and had a positive impact. However, the study also found negative findings, are a complaint from the member to the BMT asking for compulsory savings if a member submits a financing above IDR 1.000.000.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Selamat Pohan
PY  - 2018/07
DA  - 2018/07
TI  - Financial Analysis for the Weak Economic Society to Increase the Member Economy at-BMT El-Munawar Medan Johor Unit (North Sumatra-Indonesia Province)
BT  - Proceedings of the 5th International Conference on Community Development (AMCA 2018)
PB  - Atlantis Press
SP  - 58
EP  - 60
SN  - 2352-5398
UR  - https://doi.org/10.2991/amca-18.2018.17
DO  - 10.2991/amca-18.2018.17
ID  - Pohan2018/07
ER  -