Model of Development and Sustainability of Community Empowerment Trust Fund Management – Based on Institutional Economy

This article describes a new idea to build a model for the development and sustainability of a community empowerment trust fund activity management unit to become a microfinance institution based on the institutional economy. The model is built based on gaps in empirical research on the factors that influence the development and sustainability of community empowerment trust fund management and places the factors that characterize the institution to fill these gaps. The method used to test the model statistically is path analysis regression. The results obtained are that social capital built from community empowerment is proven to mediate the factors that determine the development of community empowerment trust fund management. This study's results can be used as a model for the development and sustainability of community empowerment trust fund management by building social capital based on community empowerment.