Observational analysis shows increased economic resilience in small and medium enterprises, suggesting microfinance institutions play a critical role.
Micro, Small and Medium Enterprises in Indonesia are highly dependent on informal sources of financing and Micro Finance Institutions (MFIs) due to limited access to finance. But entering the era of disruption, where there will be changes in transactions and financing. Therefore the purpose of this study is to see how the existence of the Institute is increasing economic resilience in South Sumatra. Literature studies certainly contribute to ensuring the concepts that have been designed are solid and well-established to be applied. The findings found that the factors that influence the sustainability of microfinance institutions are part of economic resilience, namely industry and business structure, financial arrangements, labour market conditions and governance which will be analyzed in dealing with shocks, growing, adapting and innovating in the face of external shocks.
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Mardiah et al. (2023) studied this question.
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