Pengaruh Modal Sendiri dan KUR terhadap Pendapatan UMKM di Kecamatan Sindue

https://doi.org/10.35912/sakman.v5i1.4205
Published: Jul 10, 2025

Abstract:

Purpose: This study seeks to investigate the impact of personal capital and People's Business Credit on the revenue of Micro, Small, and Medium Enterprises (MSMEs) in Sindue District, Donggala Regency.

Methodology: The study employed a quantitative verification approach, focusing on grocery stall MSMEs in Sindue District. Using purposive sampling, 110 respondents were selected. Both primary and secondary data were analyzed through multiple linear regression.

Results: The findings revealed that MSME revenue in Sindue District was significantly and positively influenced by Own Capital (52.4%) and People's Business Credit (39.8%), with both variables explaining 76.9% of the revenue variation. The remaining 23.1% was attributed to other factors not examined in

this study.

Conclusions: Own capital and KUR both significantly boost MSME income in Sindue District. Own capital offers flexibility, while KUR supports production. However, access barriers remain. Combining both funding sources is key to MSME growth.

Limitations: This study focused solely on MSMEs in Sindue District. Future research should expand the sample size and include additional variables, such as pricing strategies and financial management, to provide deeper insights into factors affecting business income.

Contribution: This study's findings are anticipated to assist the government and financial institutions enhance targeted financing policies and aid MSMEs in their financial decision-making.

Keywords:
1. System Quality
2. Relationship Marketing
3. Satisfaction
4. Loyalty
5. Mobile Banking
Authors:
1 . Ayuni Ayuni
2 . Munawarah Munawarah
3 . Juliana Kadang
4 . Fera Fera
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How to Cite
Ayuni, A., Munawarah, M., Kadang, J., & Fera, F. (2025). Pengaruh Modal Sendiri dan KUR terhadap Pendapatan UMKM di Kecamatan Sindue. Studi Akuntansi, Keuangan, Dan Manajemen, 5(1), 127–141. https://doi.org/10.35912/sakman.v5i1.4205
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Vol. 5 No. 1 (2025): Juli
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References

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    Bustani, B., & Firdaus, F. (2020). Pengaruh Modal Sendiri dan Volume Usaha terhadap Sisa Hasil Usaha (SHU) pada Koperasi Karyawan Siti Khadijah RS Islam Banjarmasin. Jurnal Maksipreneur: Manajemen, Koperasi, Dan Entrepreneurship, 10(1), 31. https://doi.org/10.30588/jmp.v10i1.647

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    Darman. (2019). Financial Technology (FinTech): Karakteristik dan Kualitas Pinjaman pada Peer to Peer Lending di Indonesia. Jurnal Manajemen Teknologi, 18(2), 130–137. https://doi.org/10.12695/jmt.2019.18.2.4

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    Ishak, I. M., & Dama, H. (2022). Analysis of the Impact of People’s Business Credit (KUR) in the Development of Micro, Small and Medium Enterprises in Telaga Jaya and Tilango Sub-Districts, Gorontalo Regency. Kontigensi?: Jurnal Ilmiah Manajemen, 10(2), 272–276. https://doi.org/10.56457/jimk.v10i2.282

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    Kerihi, A. (2021). Pengaruh Kredit Usaha Rakyat (Kur) Dan Modal Sendiri Terhadap Pendapatan Usaha Ekonomi Kreatif Di Kota Kupang. Jurnal Akuntansi?: Transparansi Dan Akuntabilitas, 9(2), 182–193. https://doi.org/10.35508/jak.v9i2.5448

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    Murningsih, S., Firdaus, M., & Purwanto, B. (2020). Factors influencing Indonesian rural banks’ credit disbursement. Jurnal Keuangan Dan Perbankan, 24(2), 189–201. https://doi.org/10.26905/jkdp.v24i2.3778

    Nita, Y, Adju, Blongkod, H., & Panigoro, N. (2023). Pengaruh Pemberian Kredit Usaha Rakyat Terhadap Pendapatan Usaha Mikro Kecil Dan Menengah. Jurnal Ekonomi, 28(1), 119–135. https://doi.org/10.24912/je.v28i1.1402

    Putri, & Chairani. (2024). Pengaruh Modal Sendiri Dan Kredit Usaha Rakyat (KUR) Terhadap Pendapatan Usaha (Studi Pada UMKM di Desa Padang Birik-Birik Kecamatan Pariaman Utara Kota Pariaman). Jurnal Akuntansi Keuangan Dan Bisnis, 1(4), 953–965.

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  2. Anisah, A., Murad, M. A., Asriadi, A., Samudra, S., & Magfirah, D. (2023). Indonesian Pharmaceutical Companies: Capital Structure, Business Risk, Company Value and Firm Size as A Moderating Variable Analysis. International Journal of Social Service and Research, 3(1), 122–128. https://doi.org/10.46799/ijssr.v3i1.223
  3. Ayunda, M. L., Dince, M. N., & Sanga, K. P. (2023). Analisis Peningkatan Sisa Hasil Usaha Melalui Modal Sendiri Dan Pemberian Pinjaman Pada Ksp Kopdit Obor Mas Kanca Pasar Alok. Jurnal Accounting Unipa, 2(1), 17–27.
  4. Bakhtiar. (2023). Challenges and Problems in Implementing the People’s Business Credit Program in Makassar City, South Sulawesi Province. International Journal of Social Science Research and Review, 6(2), 512–528. http://dx.doi.org/10.47814/ijssrr.v6i3.1153
  5. Bustani, B., & Firdaus, F. (2020). Pengaruh Modal Sendiri dan Volume Usaha terhadap Sisa Hasil Usaha (SHU) pada Koperasi Karyawan Siti Khadijah RS Islam Banjarmasin. Jurnal Maksipreneur: Manajemen, Koperasi, Dan Entrepreneurship, 10(1), 31. https://doi.org/10.30588/jmp.v10i1.647
  6. Chaedar, R. S. Al, Blongkod, H., & Taruh, V. (2023). Pengaruh Modal Sendiri Dan Modal Pinjaman Terhadap Pendapatan Usaha Mikro Kecil Dan Menengah Di Kecamatan Dungingi Kota Gorontalo. Jurnal Mirai Management, 8(1), 345–355. https://journal.stieamkop.ac.id/index.php/mirai/article/view/4830
  7. Darman. (2019). Financial Technology (FinTech): Karakteristik dan Kualitas Pinjaman pada Peer to Peer Lending di Indonesia. Jurnal Manajemen Teknologi, 18(2), 130–137. https://doi.org/10.12695/jmt.2019.18.2.4
  8. Darmawan, F. (2020). Analisis Ketimpangan Antar Wilayah Pembangunan Di Provinsi Jawa Barat. 16–18.
  9. Fadhila, N., & Ardila, I. (2018). Faktor-Faktor Yang Mempengaruhi Pertumbuhan Modal Sendiri. Jurnal Studi Akuntansi & Keuangan, 2(3), 125–134.
  10. Fitriani, A., Sebayang, K. D. A., & Mukhtar, S. (2019). Pengaruh Modal Sendiri, Kredit Usaha Rakyat (KUR), Teknologi, Lama Usaha, dan Lokasi Usaha terhadap Pendapatan Usaha. Journal of Economic, Business and Engineering, 1(1), 183–195.
  11. Gustina, L., Novita, W., & Triadi, Y. (2022). Pengaruh E-Commerce Terhadap Peningkatan Pendapatan Usaha Mikro Kecil Dan Menengah Di Kota Padang. Jurnal Teknologi Dan Sistem Informasi Bisnis, 4(1), 152–161. https://doi.org/10.47233/jteksis.v4i1.392
  12. Hamza, L. M., & Agustien, D. (2019). Pengaruh Perkembangan Usaha Mikro, Kecil, dan Menengah Terhadap Pendapatan Nasional Pada Sektor UMKM di Indonesia. Jurnal Ekonomi Pembangunan, 8(2), 127–135. https://doi.org/10.23960/jep.v8i2.45
  13. Husnah, H., Suparman, S., & Rauf, R. A. (2023). The Role of Business Credit on SME Performance, Regional Economic Output, and Unemployment. Research Horizon, 3(3), 151–163.
  14. Ishak, I. M., & Dama, H. (2022). Analysis of the Impact of People’s Business Credit (KUR) in the Development of Micro, Small and Medium Enterprises in Telaga Jaya and Tilango Sub-Districts, Gorontalo Regency. Kontigensi?: Jurnal Ilmiah Manajemen, 10(2), 272–276. https://doi.org/10.56457/jimk.v10i2.282
  15. Iskandar, Y., Tinggi, S., Ekonomi, I., Negara, J., & Siswa, T. (2020). Cite this article as: Iskandar, Yusuf. 2020. The Effects of ROA, ROE, NPL, and Operating Expenses to Operating Revenues on Stock Return at Commercial Banks in Indonesia. Journal of Applied Management (JAM), 18(4), 704–711. http://dx.doi.org/10.21776/ub.jam.2020.018.04.09http://dx.doi.org/10.21776/ub.jam.2020.018.04.09
  16. Kementrian Koordinator Bidang Perekonomian.(2024). Dorongan Pemanfaatan Program Pemberdayaan UMKM, Pemerintah Lanjutkan Penyaluran KUR Tahun 2024. Dikses pada 20 Oktober 2024 dari https://www.ekon.go.id/publikasi/detail/5575/dorong-pemanfaatan-program-pemberdayaan-umkm-pemerintah-lanjutkan-penyaluran-kur-tahun-2024
  17. Kementrian Koordinator Bidang Perekonomian.(2024). Menkon Airlangga : Pemerintah Dukung Bentuk Kolaborasi Baru agar UMKM Indonesia Jadi Bagian Rantai Pasok Industri Global. Diakses pada 20 Oktober 2024 dari https://www.ekon.go.id/publikasi/detail/5885/menko-airlangga-pemerintah-dukung-bentuk-kolaborasi-baru-agar-umkm-indonesia-jadi-bagian-rantai-pasok-industri-global
  18. Kerihi, A. (2021). Pengaruh Kredit Usaha Rakyat (Kur) Dan Modal Sendiri Terhadap Pendapatan Usaha Ekonomi Kreatif Di Kota Kupang. Jurnal Akuntansi?: Transparansi Dan Akuntabilitas, 9(2), 182–193. https://doi.org/10.35508/jak.v9i2.5448
  19. Munawarah, M., Din, M., Ghozali, I., Achmad, T., & Karim, F. (2022). Governance of Financial Management and Regulation-Based Fiscal Accountability. Journal of Governance and Regulation, 11(2), 116–123. https://doi.org/10.22495/jgrv11i2art10
  20. Murningsih, S., Firdaus, M., & Purwanto, B. (2020). Factors influencing Indonesian rural banks’ credit disbursement. Jurnal Keuangan Dan Perbankan, 24(2), 189–201. https://doi.org/10.26905/jkdp.v24i2.3778
  21. Nita, Y, Adju, Blongkod, H., & Panigoro, N. (2023). Pengaruh Pemberian Kredit Usaha Rakyat Terhadap Pendapatan Usaha Mikro Kecil Dan Menengah. Jurnal Ekonomi, 28(1), 119–135. https://doi.org/10.24912/je.v28i1.1402
  22. Putri, & Chairani. (2024). Pengaruh Modal Sendiri Dan Kredit Usaha Rakyat (KUR) Terhadap Pendapatan Usaha (Studi Pada UMKM di Desa Padang Birik-Birik Kecamatan Pariaman Utara Kota Pariaman). Jurnal Akuntansi Keuangan Dan Bisnis, 1(4), 953–965.
  23. Rombe, E., Zahara, Z., Santi, I. N., & Rahadhini, M. D. (2021). Exploring E-mobile banking implementation barriers on indonesian millennial generation consumers. International Journal of Data and Network Science, 5(4), 579–586. https://doi.org/10.5267/j.ijdns.2021.8.010
  24. Siahaan, A. L., & Hs, S. R. (2024). Pengaruh Modal Usaha dan Jam Kerja Terhadap Pendapatan Pedagang Kelontong di Desa Nagori Bosar Kabupaten Simalungun. Ekuitas: Jurnal Pendidikan Ekonomi, 12(1), 13–22.
  25. Sujinny, S., Loo, P., & Nasution, L. E. (2024). The Role of People’s Business Credit (Kur) and The Use of E-Marketing For The Development of Msmes In Medan Deli District In Medan City. Dinasti International Journal of Economics, Finance & Accounting, 5(1), 233–243. https://doi.org/10.38035/dijefa.v5i1.2513
  26. Totanan, C., Mayapada, A. G., Yamin, N. Y., Parwati, N. M. S., & Indriasari, R. (2021). The effect of patronage buying motives on small business profitability: Evidence from Indonesia. Innovative Marketing, 17(1), 109–119. https://doi.org/10.21511/im.17(1).2021.09
  27. Zahara, Z., Ikhsan, Santi, I. N., & Farid. (2023). Entrepreneurial marketing and marketing performance through digital marketing capabilities of SMEs in post-pandemic recovery. Cogent Business and Management, 10(2). https://doi.org/10.1080/23311975.2023.2204592