Analisis Efektivitas Penyaluran Kredit Usaha Rakyat (KUR) Syariah PT Pegadaian Terhadap Perkembangan UMKM (Studi Kasus pada PT Pegadaian Cabang Pancur Batu)

Abstract

This research is motivated by the capital problems faced by the MSME sector. One of the programs that supports the development of MSMEs is PT Pegadaian's Sharia People's Business Credit (KUR), which offers sharia-based financing with the advantages of low interest and no collateral. However, the Sharia Kur program has not been used properly by customers. This can be seen from the significant fluctuation in Non-Performing Loans (NPL) to reach 5.61% in February 2024, and preliminary observation data shows that 46.67% of customers have a fixed income after receiving PT Pegadaian's Sharia KUR. This study aims to analyze the effect of KUR effectiveness on the development of MSMEs in customers of PT Pegadaian Pancur Batu Branch Office. The effectiveness of KUR is evaluated based on five aspects: the accuracy of procedures, the accuracy of the credit amount, the accuracy of the credit burden, the accuracy of the credit tenor, and the accuracy of the use of funds. The research uses a causal associative approach with a quantitative method. The study population was 280 customers, with a sample of 165 customers selected using the random sampling method. Data collection was carried out through questionnaires, while data analysis used multiple regression. The results of the study show that the effectiveness of Sharia KUR on: the accuracy of procedures, the accuracy of the credit amount, the accuracy of the credit burden, the accuracy of the credit tenor, and the accuracy of the use of funds have a significant effect on the development of MSMEs.