Strategies of sustainable cooperative partnerships

Munir, Misbahul ORCID: https://orcid.org/0000-0003-3344-6845, Prajawati, Maretha Ika and Sagena, Basir (2021) Strategies of sustainable cooperative partnerships. International Journal of Financial Research, 12 (3). pp. 157-161. ISSN 1923-4023

Text 8178.pdf - Published Version Available under License Creative Commons Attribution. Download (153kB)

Abstract

Cooperatives also have an active role in efforts to enhance the life of the nation and to realize a national economy based on the principles of family and economic democracy. The problem faced by cooperatives today is that cooperatives are less able to become business institutions that provide good services to all members and society in general. Limited funds and low human resources become a barrier for cooperatives to develop. Partnerships between cooperatives and other financial institutions are alternatives to improve cooperatives in developing their businesses. This study purpose on developing a cooperative economic development through a strategic partnership approach between cooperatives and other financial institutions so that cooperatives can grow, develop, and be sustainable. The method used in this research is descriptive qualitative research using in depth interview with informant. The informant is a cooperative for savings and loan managers who are willing to be interviewed in Batu City. The results showed that the cooperative strategy in building partnerships between cooperatives and other financial institutions was carried out based on the principle of mutual benefit. Cooperatives need to improve themselves so that they can meet the feasible and bankable criteria. Thus partnerships between cooperatives and other financial institutions will be established, thus cooperatives will grow and develop.

Item Type:	Journal Article
Keywords:	partnership; cooperative; sustainable
Subjects:	14 ECONOMICS > 1402 Applied Economics > 140207 Financial Economics
Divisions:	Faculty of Economics > Department of Management
Depositing User:	Maretha Ika Prajawati
Date Deposited:	03 May 2021 14:53

Downloads

Origin of downloads

Actions (login required)

View Item