The Role of Village-Owned Enterprises (BUMDes) in Increasing Community Income in Buleleng Bali

Journal Title: Journal of Economics, Finance and Management Studies - Year 2023, Vol 6, Issue 11

Abstract

The presence of BUMDes is an implementation of Law no. 6 of 2014 concerning villages in an effort to increase community income through mobilizing village potential which is formed directly according to community initiatives.Thus, the presence of BUMDes must be seen as a process that includes various changes to the social structure, community participation and existing institutions, as well as pursuing accelerated economic growth. One of the villages that established BUMDes with the aim of strengthening the economy of Bebetin Village, Sawan District, Buleleng Regency is BUMDes Banwa Bharu which was founded in 2009. This type of research uses qualitative research, namely research aimed at describing and analyzing phenomena, events, social activities, attitudes, beliefs, perceptions and thoughts individually and in groups. The research results show that BUMDes Banwa Bharu is a facility or business unit that can help the community increase their income. The role of BUMDes Banwa Bharu in helping overcome the community's economic problems is sufficient, although not optimal. Several business units run by BUMDes Banwa Bharu have been running well, as can be seen from the ease with which people can borrow capital to develop their businesses. Although there is one type of business that is not running, namely tourism management, such as cow racing performance, which is the legacy of the ancestors of Bebetin Village, Sawan District, Buleleng Regency.

Authors and Affiliations

Gede Arnawa, Ni Ketut Adi Mekarsari, I Dewa Nyoman Arta Jiwa, Ni Luh Putu Eka Yudi Prastiwi, Luh Diana Wahyuni

Keywords

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  • EP ID EP727890
  • DOI 10.47191/jefms/v6-i11-40
  • Views 56
  • Downloads 0

How To Cite

Gede Arnawa, Ni Ketut Adi Mekarsari, I Dewa Nyoman Arta Jiwa, Ni Luh Putu Eka Yudi Prastiwi, Luh Diana Wahyuni (2023). The Role of Village-Owned Enterprises (BUMDes) in Increasing Community Income in Buleleng Bali. Journal of Economics, Finance and Management Studies, 6(11), -. https://europub.co.uk/articles/-A-727890