KSPPS BMT Damar's Contribution to Increasing Financial Inclusion and Community Economic Empowerment

Abstract

Equitable and sustainable economic development​ need support system inclusive finance to be able to increase welfare society , especially group earning low and marginalized communities . Although achievements literacy and inclusion finance national Keep going experience improvement , utilization service formal finance at the level public lower Still not optimal. In conditions said , Cooperative Save Sharia Loans and Financing (KSPPS) is present as institution finance micro based communities that play a role bridge limitations access formal finance . Research This aim For study the role of KSPPS BMT Damar in push inclusion finance at a time empowerment economy public through approach qualitative with method studies field . Research results show that KSPPS BMT Damar provides contribution real through provision product savings and financing sharia- based , reduction practice informal loans , distribution of social funds , and mentoring and training business for society . However Thus , BMT Damar still face a number of obstacles , such as Not yet optimally digitalization service , slow disbursement process financing , low level literacy Islamic finance , as well as limited innovation product , so that required strengthening digital strategy, increasing education finance , development product sector certain , and expansion partnership strategic to strengthen the role of KSPPS BMT Damar as institution finance inclusive and sustainable micro sharia