PERAN DAN KONTRIBUSI USAHA MIKRO DAN KECILDI INDONESIA: ANALISIS KINERJA, TANTANGAN, DAN PELUANG

Abstract

This paper investigates the pivotal role, operational dynamics, and developmental trajectory of Sharia Microfinance Institutions (LKMS) in Indonesia. Rooted in Islamic economic principles, LKMS uniquely combines financial intermediation with social welfare objectives, serving as a crucial vehicle for financial inclusion and poverty alleviation, particularly for underserved micro-entrepreneurs and low-income communities. The study employs a mixed-methods approach, synthesizing quantitative data on LKMS performance from official regulatory reports with qualitative insights derived from an extensive review of academic literature and policy documents. Findings reveal that while LKMS demonstrates significant growth and contributes substantially to economic empowerment through diverse Sharia-compliant contracts like Murabahah, Mudharabah, and Qardhul Hassan, it faces persistent challenges related to human resource quality, capital limitations, and the need for innovative product development. Concurrently, strategic opportunities, including the OJK's supportive roadmap and digitalization initiatives, offer pathways for enhanced outreach and efficiency. This research contributes to a nuanced understanding of LKMS's dual mandate, offering actionable recommendations for policymakers and practitioners to foster sustainable growth and maximize socio-economic impact.