Analysis of KUR distribution from BSG for the development of MSMEs (Case Study of MSMEs in Bersehati Market, Manado)

Abstract

This study aims to determine the number of traders who received KUR BSG in Bersehati Market, to analyze the KUR BSG distribution procedure to MSMEs in Bersehati Market, and to compare the increase in MSME turnover in Bersehati Market before and after receiving KUR. Using a qualitative case study approach, data was collected through interviews, observations, and documentation from MSME stakeholders, banks, and market administration. The results show that absorption in Bersehati Market is still low at around 6.4%. The main obstacles include a lack of understanding from traders, perceptions of complicated procedures, and a lack of business legitimacy documents. The KUR BSG application process is relatively simple with a maximum disbursement of 14 business days, and credit assessment focuses on solvency based on daily sales. KUR recipients reported a 60%-85% increase in sales after financing, used for inventory, kiosk renovations, and service improvements. The study concludes that KUR is important for the growth of MSMEs in Bersehati Market, but requires increased awareness, administrative support, and ongoing evaluation. Recommendations are given to BSG and stakeholders to improve KUR Socialization and Education for Bersehati Market MSMEs, simplify procedures, and optimize KUR distribution.