Koperasi Peduli Rakyat Sejahtera - Smecda

KSP WAHANA ARTA MUKTI
If there is no Lie Betrween us is the
Key to Success
Save Loan Cooperation (KSP) of
Wahana Arta Mukti (WAM) Dawuan
Subang District grows and develops
in Subang Regency, the regency that used
to be known as honey pineapple producer is
worth paying attention to. In 2004, the Government
through Ministry of Cooperation and
UMKM scrolled agribusiness aid fund in the
amount of Rp 1 billion. This save loan was
formerly in the form of Save Loan Unit from
KUD Wahana Arta Mukti. In October 2004,
Save Loan Cooperation (KSP) was born with
legal entity No. 553/BH 10.11/X/2004 dated
5 October 2004.
The applied business pattern was
monthly pattern loan (conventional) and
weekly pattern loan, with loan service in the
amount of 2.5% per month. The term for return
varied between 10 – 18 months. In addition,
nearly 90% of denizens in Dawuan
Subang District depended on agricultural
sector in their daily lives, such as rice,
(kadang), corn, etc. It was this potential that
was considered as quite promising.
The highest loan was stipulated at Rp
20 million, with loan service in the amount of
2.5%. However in practice not all profit went
to KSP petty cash, some was returned to the
customers i.e., in the amount of 0.5%. The
requirements are that such return must be
made in timely manner. This program was
intended to drive the awareness of borrowers
to always return credits in timely maner.
This way was considered as quite successful.
Based on the record, the level of return
at KSP reached up to more than 99%.
Not only in terms of loan, KSP management
is also selective in accepting new members.
To be able to become a member of
KSP the manager applies several requirements,
among others is that the customer
has borrowed at least 3 times. If the return
has been favorable 3 times consecutively,
the customer may apply to become a member.
The amount of loan at this early stage
is not more than Rp 2 million.
Up to now the number of members of
KSP WAM has been 130, and the number
of customers has been 700. They are not
only small traders such as peddlers, but are
also middle scale businessmen.
Business funded by KSP Sahana Arta
Mukti includes agribusiness sector (agriculture,
animal farming, fishery), commerce sector
business (shops, pavement sellers), trading
sector business (hardware store, crops
processors) , and micro small business
(handicraft, furniture).
The high level of money circulation has
made KSP Wahana Arta Mukti’s asset to increase.
Now its total asset reaches Rp 2.198
billion. In providing service to customers,
KSP Wahan Arta Mukti is supported by 14
staff who are high school graduates and 1
university graduate.
Another important thing is the effort of
the administrators and managemewnt in developing
the working mental of their staff
through the internalization of KSP Wahan
Arta Mukti motto: “There is no lie between
us” and “There is no grudge between us.”
K o p e r a s i P e d u l i , R a k y a t S e j a h t e r a 53