JAKARTA, iNews.id – Focus on distribution revolving funds from the Revolving Fund Management Institute Cooperative and Micro, Small and Medium Enterprises (LPDB-KUMKM) on cooperatives to strengthen capital requirements has had a significant positive impact over the last five years.

This is proven by the number of cooperatives that have developed rapidly after receiving financing from LPDB-KUMKM.

Director of Operations for the East Java Islamic Boarding School Business Association (KSBP), Anas Al Hifni, admitted that the existence of the LPDB-KUMKM was very helpful in empowering cooperative members, especially in Sunan Drajat.

According to him, East Java has a very large Islamic boarding school population. In 2017, an initiative to form a secondary cooperative specifically for large Islamic boarding schools in East Java resulted in the formation of the Islamic Boarding School Business Sarekat Cooperative (KSBP).

“KSBP began operating in 2019 with limited transactions between Islamic boarding schools. “To fill the warehouse and goods, we utilize revolving funds from LPDB-KUMKM,” said Anas.

According to him, LPDB-KUMKM entered when KSBP was still pioneering as a secondary cooperative in East Java, and since then, KSBP has continued to grow rapidly.



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