The Impacts of BMT Empowerment Program to MSMes Development: A Case Study in Magelang

Abstract

Abstract This study aims to determine the impact of the BMT (Baitul Maal wa Tamwiil) empowerment program on the development of MSMEs (Micro, Small, and Medium Enterprises) in Magelang. From this research, it is hoped that it can provide accurate data and maps about the extent to which programs and activities that have been carried out by BMT influence MSMEs in Magelang Regency, with indicators: BMT and UMKM profiles; access that MSMEs have to the BMT program, programs that have been implemented by BMT and the impact of the BMT program on the development of MSMEs. This research uses descriptive qualitative analysis. Respondents in this study consisted of several large BMTs in Magelang, namely BMT LE Syariah, BMT Bima, BMT Karisma, and BTM Amman. The results showed that the programs implemented by BMT in the development of MSMEs had an impact on increasing business productivity by increasing capital, increasing profits, and increasing managerial using musyarakah, murabahah, wakalah and qardhul hasan contracts. Also, BMT help to market their members’ business products in cooperation with institutions and agencies (Cooperative agencies) in the form of collaboration activities of MSMEs empowerment.

Keywords

• impacts
• empowerment program
• bmt
• msmes