Analysis of Micro Financing Product Development at BSI KCP Stabat
DOI:
https://doi.org/10.24256/kharaj.v8i1.9492Keywords:
Microfinance; Sharia Bank; MSMEs; Product DevelopmentAbstract
This study aims to analyze first, BSI's microfinance products, second, the obstacles and challenges of marketing BSI's microfinance products, and third, the strategy and process of developing BSI microfinance products. The research method used is a qualitative descriptive approach with data collection through observation, interviews, documentation and surveys to customers and related parties of one of BSI's branch offices. The results of the study show that BSI's microfinance products, such as KUR Super Micro, KUR Micro, and non-KUR products, are designed according to sharia principles with an easy application process and supported by service digitization. This product has a significant positive impact on increasing capital, production capacity, income, and welfare of MSME actors. However, product development still faces obstacles such as low Islamic financial literacy, complex administrative requirements, high micro business risks, and limited access in remote areas. The market opportunity for sharia microfinance is very large considering the large MSME segment and the support of government regulations. Therefore, effective development strategies include product innovation, increasing financial literacy, using digital technology, strengthening partnerships, and improving human resource competence
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Interview
Pranoto, Z. (2025, June 25). How is the Microfinance Product Development Process at BSI? (AF Lingga, Interviewer)
Pranoto, Z. (2025, June 25). Barriers and Challenges in Marketing BSI Micro Products. (AF Lingga, Interviewer)
Rahmania. (2025, June 25). What are the forms of MSME financing at Bank Syariah Indonesia? (AF Lingga, Interviewer)
Rahmania. (2025, June 25). What are the advantages and disadvantages of BSI Micro Products? (AF Lingga, Interviewer)
Rahmania. (2025, June 25). How is BSI's Micro Product Distributed? (AF Lingga, Interviewer)
Rahmania. (2025, June 25). How does the BSI Microfinance Distribution Process Work? (AF Lingga, Interviewer)
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Copyright (c) 2026 Ahmad Firdaus Lingga, Sugianto, Tuti Anggraini
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