Socialization of MSME Capital Financing Patterns in the Context of Business Sustainability in Pamokolan Village, District. Ciamis, West Java Province

Abstract

Capital is an important thing that is needed by MSMEs to run their businesses. The problem of Pamokolan Village MSME is capital limitations and understanding the risks of external capital. Therefore, a good understanding is needed among MSME owners about the right capital selection, and they need to know every risk of these types of capital. In this service, socialization will be carried out about the importance of choosing the right business capital and also the risks of external capital, including illegal loans of both a conventional and online loans. In addition this service given education about the OJK Hotline to check the application of illegal online loans, and Pamokolan Village MSMEs owner would also be educated about the importance of choosing the right business capital. As for the post-test and pre-test conducted, it can be known that there is an increase in understanding among MSME owners about the importance of choosing the right type of capital and the risks of illegal loans. This shows that there is an increase in understanding of capital financing from the services carried out.