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Istanti, L. N., & Linarki, M. D. (2021). Working Capital of Kampoeng Batik Jetis Sidoarjo SMEs in East Java. KnE Social Sciences, 5(8), 333–340. https://doi.org/10.18502/kss.v5i8.9385

https://doi.org/10.18502/kss.v5i8.9385

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authors

  • Lulu Nurul Istanti

    Lulu Nurul Istanti

    Department of Management, Faculty of Economics, Universitas Negeri Malang
  • Marshalia Dwi Linarki

    Marshalia Dwi Linarki

    Department of Management, Faculty of Economics, Universitas Negeri Malang

Published Date

  • Jul 14, 2021

Working Capital of Kampoeng Batik Jetis Sidoarjo SMEs in East Java

KnE Social Sciences / International Research Conference on Economics and Business / Pages 333–340

Abstract

The purpose of this study was to examine the source and use of working capital at Kampoeng Batik Jetis Sidoarjo SMEs. It was conducted using a qualitative descriptive method. The results showed that the source of working capital was mainly personal, such as family money, savings and ploughing back profits. Funders and formal financial institutions such as banks did not play significant roles in financing SMEs due to the complexity of credit procedures and requirements. The use of working capital was limited to the purchase of raw materials and wage payments.


Keywords: Working Capital, SMEs, Kampoeng Batik Jetis Sidoarjo

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