Abstract

The purpose of this study was to find out how the Harapan Jaya Cooperative development in terms of cooperative financial capital and business. In financial capital, there are assets, incomes, and Net Income. While the business is from the business run by the cooperative. This study uses a qualitative descriptive method. In this study, the researcher acts as a data collector and as an active instrument to collect data. This research uses two data sources; they are primary and secondary data. Data collection was conducted by researchers using in-depth interviews, documentation and observation. Data analyzed using qualitative analysis, the validity of the data using the triangulation method. The Harapan Jaya Cooperative Capital development in this study was reviewed from the Solvency, Liquidity and Profitability Ratio. Overall shows good and excellent criteria. The development of the cooperative business is indicated by the addition of income from savings and loan units, management of plasma tubers, dump truck rental, beko heavy equipment rental, motor grader heavy equipment. In addition, business development is also seen from the addition of dump trucks and heavy equipment owned by cooperatives.

Highlights

  • IntroductionLaw No 14 in 1965 concerning Cooperatives contains thoughts that clearly want to place the function and role of cooperatives as direct servants rather than politics

  • Cooperative is a business entity that organizes its members economic resources utilization on the basis of the cooperatives principles and the economic business rules to improve the living standards of members in particular and the work area community in general, cooperatives are the people economic movement and cooperatives are based on activities that build on the kinship people's economic movement principle.Law No 14 in 1965 concerning Cooperatives contains thoughts that clearly want to place the function and role of cooperatives as direct servants rather than politics

  • The purpose of this study was to find out how the Harapan Jaya Cooperative development in terms of cooperative financial capital and business

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Summary

Introduction

Law No 14 in 1965 concerning Cooperatives contains thoughts that clearly want to place the function and role of cooperatives as direct servants rather than politics That it ignores cooperatives as a container for the people's economic struggle, distorts the foundations’ principles, and basic joints of cooperatives from their originality. Cooperatives are understood as a people association who volunteer to improve their economic well-being, by forming economic organizations and being managed democratically (Thoharudin and Suriyanti, 2017) Based on these provisions and to achieve these goals the Government has an obligation to guide and build up Indonesian cooperatives with an attitude "ingarsa sung tulada, ing madya develop karsa, tut wuri handayani". It was states in the article that "Indonesian cooperatives are groups of people who, as human beings, work together to advance their economic and the society interests"

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